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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 604 Laurel St S, Matagorda, TX, 77457 listed at $230,000 pairs $1,610/mo rent with a $1,126/mo payment. Total monthly income runs $1,610/mo. Return on cash invested measures 19.5% in year one, and rental yield registers 8.4% at a $230,000 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,545 by year five. Five-year ROI tracks 101.93% and total cumulative return in cash totals $77,719. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,610/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
9,212 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 |
|---|---|---|
| 2025-01-20 | Price change | $230,000 |
| 2024-09-24 | Price change | $240,000 |
| 2024-06-27 | Price change | $250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $238,733 | 10.00% |
| 2023-02-13 | $1438.45 | -28.58% | $217,030 | 10.00% |
| 2022-02-13 | $2014.04 | -0.39% | $197,300 | 4.77% |
Listed by: Traci Ethington • Covenant Properties Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #11752791
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