408 Morton AvePalaciosTX77465
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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 Palacios at 408 Morton Ave, Palacios, TX, 77465 offers a 9.3% rental yield on a $125,000 purchase with $969/mo rent. Total monthly income registers $969/mo, and a $612/mo payment leaves $80/mo available for distribution. Annual cash flow reaches $959/yr on $41,438 to close, and return on cash invested stands at 22.22% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 116.46% and total cumulative return in cash at $48,257. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $969/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77465, Palacios, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,177 (100%) |
| Owner Occupied HU | 2,318 (55.5%) |
| Renter Occupied HU | 692 (16.6%) |
| Vacant Housing Units | 1,167 (27.9%) |
| Median Home Value | $223,515 |
| Average Home Value | $225,985 |
Housing Distribution
Address Breakdown
Residential
3,080
Single Family
3,018
Multi-Family
62
Businesses
254
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