656 Beachfront DrMatagordaTX77457
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices