1016 Hickory Ave, Rockport, TX, 78382 | $529/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1016 Hickory Ave, Rockport, TX, 78382 | $529/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

Rental property for sale in Rockport at 1016 Hickory Ave, Rockport, TX, 78382 offers $3,018/mo rent that, after a $1,713/mo payment, leaves $529/mo cash flow. Total monthly income is $3,018/mo, and annual cash flow is $6,350/yr on $116,025 cash. Return on cash invested measures 25.38% in year one, and rental yield stands at 10.35% at a $350,000 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,699 by year five. Five-year ROI records 133.43% and total cumulative return in cash reaches $154,814. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,018/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1988

0.37 Acres lot

$N/A/sqft

No HOA

More details about the property

Featuring this well-maintained brick home in Rockport's Oak Terrace. With 1830 square feet located on a huge double lot, it has a nice layout with large living area and wonderful sunroom overlooking the spacious, fully fenced backyard. All 3 bedrooms are spacious and ready to add your special touchperfect for a growing family. Bright and fresh with new paint inside and out and new air conditioner and water heater. Covered carport has access through double at Mission Road entrance. Location is attractive with easy access to the bypass and close to Rockport's downtown area. The home is extending a special invitation to it's new family to not pass this one up!

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