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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Matagorda at 499 Beachfront Dr, Matagorda, TX, 77457 at $425,000 posts ROI 16.31% with from $2,600/mo rent. Total monthly income equals $2,600/mo. Return on cash invested measures 16.31% and rental yield reads 7.34% at the current $425,000. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 by year five. Five-year ROI prints 84.77% and total cumulative return in cash totals $119,429. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,600/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1980
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77457, Matagorda, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 868 (100%) |
| Owner Occupied HU | 232 (26.7%) |
| Renter Occupied HU | 36 ( 4.1%) |
| Vacant Housing Units | 600 (69.1%) |
| Median Home Value | $352,632 |
| Average Home Value | $390,334 |
Residential
1
Single Family
1
Multi-Family
0
Businesses
51
Date | Event | Price |
|---|---|---|
| 2024-06-29 | Listed for sale | $425,000 |
| 2024-06-28 | Listing removed | N/A |
| 2024-04-22 | Listed for sale | $579,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-22 | $2687.50 | -15.05% | $290,654 | 10.00% |
| 2022-10-22 | $3163.44 | 0.43% | $264,231 | 10.00% |
| 2021-10-22 | $3149.81 | -28.90% | $240,210 | N/A |
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Listed by: Melody Brazda • Key 2 Texas Realty
Mls Name: HAR
Mls Provider:
Mls ID: #83292320
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively 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. Information is deemed reliable but not guaranteed.
