3162 Crest DrPort 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
Rental property for sale in Port Neches at 3162 Crest Dr, Port Neches, TX, 77651 priced at $299,999 converts $2,472/mo rent into $339/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,472/mo, and annual cash flow totals $4,068/yr on $99,450 invested. Return on cash invested prints 24% in year one, and rental yield reads 9.89% against a $299,999 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,884 by year five. Five-year ROI reaches 125.98% and total cumulative return in cash sums $125,292. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,472/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 1978
9,430 sqft 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
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Listed by: Kylee Borden • RE/MAX ONE
Mls Name: HAR
Mls Provider:
Mls ID: #93452924
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