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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 Blessing at 323 Cypress St, Blessing, TX, 77419 priced at $198,500 converts $1,916/mo rent into $504/mo cash flow after a $972/mo obligation. Total monthly income equals $1,916/mo, and annual cash flow totals $6,048/yr on $65,803 invested. Return on cash invested prints 29.1% in year one, and rental yield reads 11.58% against a $198,500 entry. Equity gained on principal adds $1,281/yr, while 5% annual appreciation compiles into $54,842 by year five. Five-year ROI reaches 153.32% and total cumulative return in cash sums $100,889. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,916/mo property income covering a $972/mo payment, not borrower’s personal income.
Single Family
Built in 1980
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77419, Blessing, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 398 (100%) |
| Owner Occupied HU | 279 (70.1%) |
| Renter Occupied HU | 78 (19.6%) |
| Vacant Housing Units | 41 (10.3%) |
| Median Home Value | $161,738 |
| Average Home Value | $169,355 |
Residential
1
Single Family
1
Multi-Family
0
Businesses
56
Date | Event | Price |
|---|---|---|
| 2025-02-10 | Listing removed | $192,000 |
| 2025-02-08 | Price change | $192,000 |
| 2025-01-17 | Listed for sale | $198,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $127,980 | -2.27% |
| 2023-02-13 | $2143.00 | 10.20% | $130,950 | 26.01% |
| 2022-02-13 | $1944.70 | 4.66% | $103,920 | 11.00% |
Listed by: Molly Volek • RE/MAX Professionals
Mls Name: Matagorda County BOR
Mls ID: #778285
Disclaimer: Copyright Matagorda County Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
