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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 691 Cedar St, Matagorda, TX, 77457 priced at $165,000 converts $1,302/mo rent into $128/mo cash flow after a $808/mo obligation. Total monthly income equals $1,302/mo, and annual cash flow totals $1,539/yr on $54,698 invested. Return on cash invested prints 22.72% in year one, and rental yield reads 9.47% against a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation compiles into $45,586 by year five. Five-year ROI reaches 119.24% and total cumulative return in cash sums $65,219. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,302/mo property income covering a $808/mo payment, not borrower’s personal income.
Single Family
Built in 1955
6,272 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jody Cassady • Full Stringer Realty
Mls Name: HAR
Mls ID: #2397144
