515 Westwood 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
Rental property for sale in Port Lavaca at 515 Westwood Dr, Port Lavaca, TX, 77979 priced at $295,000 pairs $900/mo rent with after a $1,444/mo payment. Total monthly income equals $900/mo. Return on cash invested is 5.21% in year one, and rental yield stands at 3.66% on a $295,000 basis. Equity gained on principal adds $1,904/yr, and 5% annual appreciation accumulates to $81,503 by year five. Five-year ROI measures 25.27% and total cumulative return in cash reaches $24,710. For financing, Ziffy Mortgage’s DSCR program evaluates $900/mo property income against a $1,444/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
8,398 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: Rose Stewart • RE/MAX Land & Homes on the Bay
Mls Name: Central Texas MLS
Mls ID: #591352