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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Rockport at 1011 N Magnolia St, Rockport, TX, 78382 at $320,000 posts ROI 21.32% with $125/mo cash flow from $2,400/mo rent. Total monthly income equals $2,400/mo, and annual cash flow records $1,496/yr on $106,080 to close. Return on cash invested measures 21.32% and rental yield reads 9% at the current $320,000. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 by year five. Five-year ROI prints 111.62% and total cumulative return in cash totals $118,407.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,400/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
6,399 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78382, Rockport, TX area.
| 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 |
Residential
10,644
Single Family
9,525
Multi-Family
1,119
Businesses
703
Date | Event | Price |
|---|---|---|
| 2024-12-12 | Price change | $320,000 |
| 2024-11-15 | Price change | $340,000 |
| 2024-10-08 | Listed for rent | $2,100 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $4189.78 | 3.18% | $263,700 | -0.80% |
| 2023-12-27 | $4060.64 | 10.37% | $265,830 | 28.33% |
| 2022-12-27 | $3679.19 | 7.83% | $207,150 | 6.99% |
Listed by: Brianna Tieperman • Keller Williams Coastal Bend
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #450893
Disclaimer: Based on information from South Texas MLS, LLC as of 2024-02-06 10:12:13 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.
