630 Harding AvePort ArthurTX77640
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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 630 Harding Ave, Port Arthur, TX, 77640 offers a 9.16% rental yield on a $120,000 purchase with $916/mo rent. Total monthly income registers $916/mo, and a $587/mo payment leaves $63/mo available for distribution. Annual cash flow reaches $756/yr on $39,780 to close, and return on cash invested stands at 21.81% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,154 over five years. Portfolio math shows five-year ROI at 114.23% and total cumulative return in cash at $45,439. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $916/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77640, Port Arthur, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,162 (100%) |
| Owner Occupied HU | 4,310 (52.8%) |
| Renter Occupied HU | 2,321 (28.4%) |
| Vacant Housing Units | 1,531 (18.8%) |
| Median Home Value | $153,925 |
| Average Home Value | $173,727 |
Housing Distribution
Address Breakdown
Residential
7,457
Single Family
6,662
Multi-Family
795
Businesses
582
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Listed by: Christopher Hinkle • Chris Hinkle Real Estate -- 9008326
Mls Name: BBOR
Mls Provider:
Mls ID: #253298
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.