300 Drummond StPort ArthurTX77640
INVESTMENT ANALYSIS
Investment Verdict
Solid Income300 Drummond St, Port Arthur, TX, 77640 in Port Arthur carries a 1.71 coverage ratio, rent of $1,001/mo is 1.71 times the $585/mo payment. Rental yield 9.24%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $130,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $35,917; total projected cumulative return: $48,185.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.2% |
| Monthly Cash Flow | $(33) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,001 |
| Total Monthly Debt Service | $982 |
| DSCR Ratio | 1.02x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1962
7,200 sqft 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
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
Single Family
Built in 1962
7,200 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patricia Mack • 2011 AMERICAN REAL ESTATE CO. LLC
Mls Name: HAR
Mls Provider:
Mls ID: #71867952
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