Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Palacios at 308 E Matagorda Ave, Palacios, TX, 77465 generates $1,283/mo in rent, after a $974/mo payment. Total monthly income is $1,283/mo. Return on cash invested sits at 17.51% in year one, and rental yield is 7.74% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 91.14% and total cumulative return in cash sums $60,126. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,283/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77465, Palacios, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,177 (100%) |
| Owner Occupied HU | 2,318 (55.5%) |
| Renter Occupied HU | 692 (16.6%) |
| Vacant Housing Units | 1,167 (27.9%) |
| Median Home Value | $223,515 |
| Average Home Value | $225,985 |
Residential
3,080
Single Family
3,018
Multi-Family
62
Businesses
254
Date | Event | Price |
|---|---|---|
| 2025-04-09 | Listed for sale | $199,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-09 | N/A | N/A | $162,380 | 78.28% |
| 2023-04-09 | $775.29 | -16.72% | $91,080 | 10.00% |
| 2022-04-09 | $930.97 | -36.15% | $82,800 | 10.00% |
Listed by: John Pierce • Pierce Real Estate
Mls Name: Matagorda County BOR
Mls ID: #778381
Disclaimer: Copyright Matagorda County Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
