1007 Lone Star RdRockportTX78382
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
Rental property for sale in Rockport at 1007 Lone Star Rd, Rockport, TX, 78382 priced at $229,000 converts $1,230/mo rent into after a $1,121/mo obligation. Total monthly income equals $1,230/mo. Return on cash invested prints 13.61% in year one, and rental yield reads 6.45% against a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation compiles into $63,268 by year five. Five-year ROI reaches 70.3% and total cumulative return in cash sums $53,369. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,230/mo property income covering a $1,121/mo payment, not borrower’s personal income.
Single Family
Built in 2012
6,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78382, Rockport, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,438 (100%) |
| Owner Occupied HU | 7,277 (50.4%) |
| Renter Occupied HU | 2,366 (16.4%) |
| Vacant Housing Units | 4,795 (33.2%) |
| Median Home Value | $309,755 |
| Average Home Value | $392,083 |
Housing Distribution
Address Breakdown
Residential
10,644
Single Family
9,525
Multi-Family
1,119
Businesses
703
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices