3838 Chevy Chase LnPort ArthurTX77642
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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 Arthur at 3838 Chevy Chase Ln, Port Arthur, TX, 77642 priced at $279,900 pairs $3,052/mo rent with $982/mo cash flow after a $1,370/mo payment. Total monthly income equals $3,052/mo, and annual cash flow comes to $11,784/yr on $92,787 invested. Return on cash invested is 32.61% in year one, and rental yield stands at 13.08% on a $279,900 basis. Equity gained on principal adds $1,806/yr, and 5% annual appreciation accumulates to $77,331 by year five. Five-year ROI measures 172.58% and total cumulative return in cash reaches $160,129. For financing, Ziffy Mortgage’s DSCR program evaluates $3,052/mo property income against a $1,370/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77642, Port Arthur, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,075 (100%) |
| Owner Occupied HU | 7,334 (45.6%) |
| Renter Occupied HU | 6,763 (42.1%) |
| Vacant Housing Units | 1,978 (12.3%) |
| Median Home Value | $124,734 |
| Average Home Value | $205,129 |
Housing Distribution
Address Breakdown
Residential
15,303
Single Family
10,982
Multi-Family
4,321
Businesses
920
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Listed by: Dayna Simmons • TEAM Dayna Simmons Real Estate -- 9007822
Mls Name: BBOR
Mls Provider:
Mls ID: #253221
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.