1 Harbor TownLaguna VistaTX78578
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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
Rental property for sale in Laguna Vista at 1 Harbor Town, Laguna Vista, TX, 78578 generates $3,346/mo in rent, after a $2,296/mo payment. Total monthly income is $3,346/mo. Return on cash invested sits at 14.18% in year one, and rental yield is 8.56% on a $469,000 entry. Equity gained on principal adds $3,026/yr, while 5% annual appreciation builds toward $129,576 over five years. Five-year ROI reaches 75.47% and total cumulative return in cash sums $117,343. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,346/mo property income rather than buyer’s personal income.
Townhouse
Built in 2003
1,463 sqft lot
$N/A/sqft
$2,257 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78578, Port Isabel, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,257 (100%) |
| Owner Occupied HU | 2,632 (42.1%) |
| Renter Occupied HU | 1,490 (23.8%) |
| Vacant Housing Units | 2,135 (34.1%) |
| Median Home Value | $320,382 |
| Average Home Value | $351,909 |
Housing Distribution
Address Breakdown
Residential
4,035
Single Family
4,002
Multi-Family
33
Businesses
329
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Listed by: Maria Gardner • SPI Realty
Mls Name: SPIBOR
Mls ID: #103104
Disclaimer: Information provided by South Padre Island BOR is deemed reliable but not guaranteed. South Padre Island BOR data is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.