555 Center StMatagordaTX77457
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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 Matagorda at 555 Center St, Matagorda, TX, 77457 offers a 11.59% rental yield on a $199,000 purchase with $1,922/mo rent. Total monthly income registers $1,922/mo, and a $974/mo payment leaves $507/mo available for distribution. Annual cash flow reaches $6,083/yr on $65,969 to close, and return on cash invested stands at 29.13% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 153.5% and total cumulative return in cash at $101,262. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,922/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1997
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77457, Matagorda, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
51
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