1012 S Magnolia StRockportTX78382
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 1012 S Magnolia St, Rockport, TX, 78382 priced at $387,900 converts $3,047/mo rent into $280/mo cash flow after a $1,899/mo obligation. Total monthly income equals $3,047/mo, and annual cash flow totals $3,361/yr on $128,589 invested. Return on cash invested prints 22.52% in year one, and rental yield reads 9.43% against a $387,900 entry. Equity gained on principal adds $2,503/yr, while 5% annual appreciation compiles into $107,170 by year five. Five-year ROI reaches 118.13% and total cumulative return in cash sums $151,905. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,047/mo property income covering a $1,899/mo payment, not borrower’s personal income.
Single Family
Built in 2015
5,000 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
Listed by: Dallas Franklin • RE/MAX Land & Homes on the Bay
Mls Name: HAR
Mls Provider:
Mls ID: #68988849
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.