Fargo Plan, David Estates, Portland, TX, 78374 | $7/mo Cash Flow

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Fargo Plan, David Estates, Portland, TX, 78374 | $7/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Portland at Fargo Plan, David Estates, Portland, TX, 78374 listed at $306,900 pairs $2,189/mo rent with a $1,502/mo payment to leave $7/mo cash flow. Total monthly income runs $2,189/mo, and annual cash flow reaches $80/yr on $101,737 cash to close. Return on cash invested measures 19.99% in year one, and rental yield registers 8.56% at a $306,900 basis. Equity gained on principal adds $1,980/yr, and annual property appreciation at 5% supports $84,791 by year five. Five-year ROI tracks 104.49% and total cumulative return in cash totals $106,302. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,189/mo property income relative to a $1,502/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

The Fargo plan is a single-story, 4-bedroom, 2-bathroom home featuring approximately 1,665 square feet of living space. The long foyer leads to the open-concept kitchen and breakfast area. The kitchen includes a breakfast bar with beautiful granite countertops, stainless steel appliances, a corner pantry, and opens to the living room. The secondary bedroom and bath 2 are located just off the foyer. Bedroom 1 features a sloped ceiling, an attractive bathroom, and a spacious walk-in closet. The standard rear covered patio is located off the breakfast area. You'll enjoy added security in your new D.R. Horton home with our Home is Connected features. With D.R. Horton's simple buying process and ten-year limited warranty, there's no reason to wait! (Prices, plans, dimensions, specifications, features, incentives, and availability are subject to change without notice obligation.)

Neighborhood Data

Neighborhood data shown for ZIP Code: 78374, Portland, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,093 (100%)
Owner Occupied HU	4,883 (53.7%)
Renter Occupied HU	2,838 (31.2%)
Vacant Housing Units	1,372 (15.1%)
Median Home Value	$233,059
Average Home Value	$265,830