248 Park RdPort LavacaTX77979
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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
Rental property for sale in Port Lavaca at 248 Park Rd, Port Lavaca, TX, 77979 priced at $299,900 pairs $2,984/mo rent with $851/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,984/mo, and annual cash flow comes to $10,215/yr on $99,417 invested. Return on cash invested is 30.18% in year one, and rental yield stands at 11.94% on a $299,900 basis. Equity gained on principal adds $1,935/yr, and 5% annual appreciation accumulates to $82,857 by year five. Five-year ROI measures 159.18% and total cumulative return in cash reaches $158,248. For financing, Ziffy Mortgage’s DSCR program evaluates $2,984/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1963
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77979, Port Lavaca, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,582 (100%) |
| Owner Occupied HU | 4,338 (57.2%) |
| Renter Occupied HU | 1,774 (23.4%) |
| Vacant Housing Units | 1,470 (19.4%) |
| Median Home Value | $157,511 |
| Average Home Value | $203,426 |
Housing Distribution
Address Breakdown
Residential
6,993
Single Family
6,417
Multi-Family
576
Businesses
738
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Listed by: Dallas Franklin • RE/MAX Land & Homes on the Bay
Mls Name: HAR
Mls Provider:
Mls ID: #43623654
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