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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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No similar rental properties found nearby.
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Matagorda at 656 Beachfront Dr, Matagorda, TX, 77457 offers $1,038/mo rent that, after a $2,149/mo payment. Total monthly income is $1,038/mo. Return on cash invested measures 2.72% in year one, and rental yield stands at 2.84% at a $439,000 entry. Equity gained on principal adds $2,833/yr while 5% annual appreciation compounds into $121,288 by year five. Five-year ROI records 11.89% and total cumulative return in cash reaches $17,300. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,038/mo property income versus a $2,149/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
6,359 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 |
|---|---|---|
| 2024-10-22 | Price change | $439,000 |
| 2024-04-15 | Listed for sale | $469,000 |
| 2021-06-18 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $263,124 | 20.00% |
| 2023-02-13 | $3270.72 | -6.72% | $219,270 | 7.64% |
| 2022-02-13 | $3506.46 | 31.61% | $203,710 | 34.85% |
No similar rental properties found nearby.
Listed by: Allyson Gibson • Sunrise Properties, LLC
Mls Name: Matagorda County BOR
Mls ID: #777003
Disclaimer: Copyright Matagorda County Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
