6219 16th StPort ArthurTX77642
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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 Port Arthur at 6219 16th St, Port Arthur, TX, 77642 offers a 13.66% rental yield on a $137,000 purchase with $1,559/mo rent. Total monthly income registers $1,559/mo, and a $671/mo payment leaves $558/mo available for distribution. Annual cash flow reaches $6,691/yr on $45,416 to close, and return on cash invested stands at 34.64% in year one. Equity gained on principal adds $884/yr while 5% annual appreciation supports $37,851 over five years. Portfolio math shows five-year ROI at 183.36% and total cumulative return in cash at $83,272. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,559/mo property income against a $671/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
8,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77642, Port Arthur, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,075 (100%) |
| Owner Occupied HU | 7,334 (45.6%) |
| Renter Occupied HU | 6,763 (42.1%) |
| Vacant Housing Units | 1,978 (12.3%) |
| Median Home Value | $124,734 |
| Average Home Value | $205,129 |
Housing Distribution
Address Breakdown
Residential
15,303
Single Family
10,982
Multi-Family
4,321
Businesses
920
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Listed by: Dana Bellanger • 2011 AMERICAN REAL ESTATE CO. LLC
Mls Name: HAR
Mls Provider:
Mls ID: #42126163
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