364 N Blackburn AvePort LavacaTX77979
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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
Rental property for sale in Port Lavaca at 364 N Blackburn Ave, Port Lavaca, TX, 77979 priced at $389,000 converts $1,928/mo rent into after a $1,904/mo obligation. Total monthly income equals $1,928/mo. Return on cash invested prints 12.11% in year one, and rental yield reads 5.95% against a $389,000 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation compiles into $107,474 by year five. Five-year ROI reaches 62.21% and total cumulative return in cash sums $80,226. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,928/mo property income covering a $1,904/mo payment, not borrower’s personal income.
Single Family
Built in 2001
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77979, Port Lavaca, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,582 (100%) |
| Owner Occupied HU | 4,338 (57.2%) |
| Renter Occupied HU | 1,774 (23.4%) |
| Vacant Housing Units | 1,470 (19.4%) |
| Median Home Value | $157,511 |
| Average Home Value | $203,426 |
Housing Distribution
Address Breakdown
Residential
6,993
Single Family
6,417
Multi-Family
576
Businesses
738
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Listed by: Dawn Stumfoll • The Ron Brown Company
Mls Name: Central Texas MLS
Mls ID: #597944