720 Texas AvePort NechesTX77651
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
Investment property for sale in Port Neches at 720 Texas Ave, Port Neches, TX, 77651 at $315,000 posts ROI 22.81% with $253/mo cash flow from $2,493/mo rent. Total monthly income equals $2,493/mo, and annual cash flow records $3,033/yr on $104,423 to close. Return on cash invested measures 22.81% and rental yield reads 9.5% at the current $315,000. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 by year five. Five-year ROI prints 119.63% and total cumulative return in cash totals $124,925.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,493/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1988
8,581 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77651, Port Neches, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,929 (100%) |
| Owner Occupied HU | 4,017 (67.8%) |
| Renter Occupied HU | 1,258 (21.2%) |
| Vacant Housing Units | 654 (11.0%) |
| Median Home Value | $251,442 |
| Average Home Value | $267,028 |
Housing Distribution
Address Breakdown
Residential
5,467
Single Family
5,035
Multi-Family
432
Businesses
367
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Listed by: Tylitha French • RE/MAX ONE
Mls Name: HAR
Mls ID: #69452861