323 Castle DrPort NechesTX77651
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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 Neches at 323 Castle Dr, Port Neches, TX, 77651 with 5% annual appreciation on a $268,000 basis while $2,095/mo rent supports operations. Total monthly income totals $2,095/mo and a $1,312/mo payment preserves $189/mo for cash returns. Annual cash flow comes to $2,267/yr on $88,842 deployed, and return on cash invested reaches 22.46% in year one. Equity gained on principal adds $1,729/yr, and five-year appreciation sums $74,043 alongside rental yield of 9.38%. Five-year ROI measures 117.72% and total cumulative return in cash totals $104,589.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,095/mo property income versus a $1,312/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
6,534 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: Crystal Myers • RE/MAX ONE - Orange County -- 9000010
Mls Name: BBOR
Mls ID: #263310