2999 59th StPort ArthurTX77640
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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 2999 59th St, Port Arthur, TX, 77640 listed at $496,200 pairs $2,550/mo rent with a $2,429/mo payment. Total monthly income runs $2,550/mo. Return on cash invested measures 11.61% in year one, and rental yield registers 6.17% at a $496,200 basis. Equity gained on principal adds $3,202/yr, and annual property appreciation at 5% supports $137,091 by year five. Five-year ROI tracks 59.94% and total cumulative return in cash totals $98,595. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,550/mo property income relative to a $2,429/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
5.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77640, Port Arthur, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,162 (100%) |
| Owner Occupied HU | 4,310 (52.8%) |
| Renter Occupied HU | 2,321 (28.4%) |
| Vacant Housing Units | 1,531 (18.8%) |
| Median Home Value | $153,925 |
| Average Home Value | $173,727 |
Housing Distribution
Address Breakdown
Residential
7,457
Single Family
6,662
Multi-Family
795
Businesses
582
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