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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% |
Rental property for sale in Port Lavaca at 508 Ridgecrest Dr, Port Lavaca, TX, 77979 generates $1,160/mo in rent and, after a $734/mo payment, leaves $59/mo in cash flow. Total monthly income is $1,160/mo, and annual cash flow is $711/yr on $49,725 invested. Return on cash invested sits at 21.34% in year one, and rental yield is 9.28% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 112.11% and total cumulative return in cash sums $55,746. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,160/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
7,801 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77979, Port Lavaca, TX area.
| 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 |
Residential
6,993
Single Family
6,417
Multi-Family
576
Businesses
738
Date | Event | Price |
|---|---|---|
| 2025-01-15 | Price change | $150,000 |
| 2024-11-27 | Listed for sale | $160,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | N/A | N/A | $144,760 | 6.95% |
| 2023-02-12 | $2901.09 | 19.04% | $135,350 | 30.85% |
| 2022-02-12 | $2437.15 | -3.49% | $103,440 | 2.80% |
Listed by: Cindi Le • 5th Stream Realty
Mls Name: HAR
Mls Provider:
Mls ID: #78119560
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