416 Fairmont DrPort 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
Investment property for sale in Port Lavaca at 416 Fairmont Dr, Port Lavaca, TX, 77979 uses $49,725 cash to close to unlock $7,035/yr annual cash flow and $586/mo monthly cash flow. Total monthly income runs $1,661/mo, and a $734/mo payment keeps the spread at $586/mo. Purchase price stands at $150,000, and rental yield measures 13.29% with $1,661/mo rent. Return on cash invested shows 34.06% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 180.07% and total cumulative return in cash records $89,538. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,661/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1963
8,455 sqft 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: Cindi Le • 5th Stream Realty
Mls Name: HAR
Mls Provider:
Mls ID: #23990052
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