380 Palmetta StVidorTX77662
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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
Investment property for sale in Vidor at 380 Palmetta St, Vidor, TX, 77662 at $212,100 posts ROI 27.71% with $457/mo cash flow from $1,994/mo rent. Total monthly income equals $1,994/mo, and annual cash flow records $5,484/yr on $70,311 to close. Return on cash invested measures 27.71% and rental yield reads 11.28% at the current $212,100. Equity gained on principal adds $1,369/yr, and 5% annual appreciation supports $58,599 by year five. Five-year ROI prints 146.13% and total cumulative return in cash totals $102,747.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,994/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1974
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77662, Vidor, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,351 (100%) |
| Owner Occupied HU | 7,850 (69.2%) |
| Renter Occupied HU | 1,998 (17.6%) |
| Vacant Housing Units | 1,503 (13.2%) |
| Median Home Value | $175,830 |
| Average Home Value | $210,596 |
Housing Distribution
Address Breakdown
Residential
10,386
Single Family
10,021
Multi-Family
365
Businesses
512
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