245 Dixie DrPort ArthurTX77642
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Port Arthur at 245 Dixie Dr, Port Arthur, TX, 77642 with 5% annual appreciation on a $193,000 basis while $1,539/mo rent supports operations. Total monthly income totals $1,539/mo and a $945/mo payment preserves $166/mo for cash returns. Annual cash flow comes to $1,994/yr on $63,980 deployed, and return on cash invested reaches 23.03% in year one. Equity gained on principal adds $1,245/yr, and five-year appreciation sums $53,322 alongside rental yield of 9.57%. Five-year ROI measures 120.84% and total cumulative return in cash totals $77,310.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,539/mo property income versus a $945/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77642, Port Arthur, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,075 (100%) |
| Owner Occupied HU | 7,334 (45.6%) |
| Renter Occupied HU | 6,763 (42.1%) |
| Vacant Housing Units | 1,978 (12.3%) |
| Median Home Value | $124,734 |
| Average Home Value | $205,129 |
Housing Distribution
Address Breakdown
Residential
15,303
Single Family
10,982
Multi-Family
4,321
Businesses
920
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Listed by: Ismael Salazar • Connect Realty -- 573369
Mls Name: BBOR
Mls ID: #263583