628 Austin St WMatagordaTX77457
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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 628 Austin St W, Matagorda, TX, 77457 uses $66,300 cash to close to unlock $356/yr annual cash flow and $30/mo monthly cash flow. Total monthly income runs $1,452/mo, and a $979/mo payment keeps the spread at $30/mo. Purchase price stands at $200,000, and rental yield measures 8.71% with $1,452/mo rent. Return on cash invested shows 20.45% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 106.94% and total cumulative return in cash records $70,904. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,452/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1980
0.43 Acres 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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