2708 Merriman StPort NechesTX77651
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Neches at 2708 Merriman St, Port Neches, TX, 77651 earns $1,320/mo cash flow from $3,816/mo rent with a $1,718/mo payment. Total monthly income totals $3,816/mo, and annual cash flow totals $15,837/yr on $116,390 capital. ROI tracks 33.52% on current figures, and rental yield reads 13.04% at a $351,100 purchase. Equity gained on principal adds $2,266/yr, and 5% annual appreciation supports $97,002 over five years. Five-year ROI reaches 177.03% and total cumulative return in cash sums $206,039. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,816/mo property income instead of your personal income.
Single Family
Built in 1974
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77651, Port Neches, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,929 (100%) |
| Owner Occupied HU | 4,017 (67.8%) |
| Renter Occupied HU | 1,258 (21.2%) |
| Vacant Housing Units | 654 (11.0%) |
| Median Home Value | $251,442 |
| Average Home Value | $267,028 |
Housing Distribution
Address Breakdown
Residential
5,467
Single Family
5,035
Multi-Family
432
Businesses
367
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A