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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Portland at 321 Long Pointe Dr, Portland, TX, 78374 generates $2,293/mo in rent, after a $1,591/mo payment. Total monthly income is $2,293/mo. Return on cash invested sits at 19.7% in year one, and rental yield is 8.47% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 102.95% and total cumulative return in cash sums $110,917. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,293/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
7,665 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78374, Portland, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,093 (100%) |
| Owner Occupied HU | 4,883 (53.7%) |
| Renter Occupied HU | 2,838 (31.2%) |
| Vacant Housing Units | 1,372 (15.1%) |
| Median Home Value | $233,059 |
| Average Home Value | $265,830 |
Residential
8,017
Single Family
5,712
Multi-Family
2,305
Businesses
536
Date | Event | Price |
|---|---|---|
| 2025-06-11 | Listed for sale | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Danielle Webb • Cass Real Estate
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #460407
Disclaimer: Based on information from South Texas MLS, LLC as of 2025-06-11 14:46:18 PDT. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.
