7708 Springmeadow LnPort ArthurTX77642
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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 7708 Springmeadow Ln, Port Arthur, TX, 77642 uses $79,229 cash to close to unlock $5,211/yr annual cash flow and $434/mo monthly cash flow. Total monthly income runs $2,134/mo, and a $1,170/mo payment keeps the spread at $434/mo. Purchase price stands at $239,000, and rental yield measures 10.71% with $2,134/mo rent. Return on cash invested shows 26.49% in year one, and 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 139.37% and total cumulative return in cash records $110,424. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,134/mo property income covering a $1,170/mo payment rather than investor’s personal income.
Single Family
Built in N/A
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77642, Port Arthur, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,075 (100%) |
| Owner Occupied HU | 7,334 (45.6%) |
| Renter Occupied HU | 6,763 (42.1%) |
| Vacant Housing Units | 1,978 (12.3%) |
| Median Home Value | $124,734 |
| Average Home Value | $205,129 |
Housing Distribution
Address Breakdown
Residential
15,303
Single Family
10,982
Multi-Family
4,321
Businesses
920
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Listed by: Lori Goats • RE/MAX ONE -- 9000010
Mls Name: BBOR
Mls ID: #260133