1067 E ScallopPt IsabelTX78578
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
Investment property for sale in Pt Isabel at 1067 E Scallop, Pt Isabel, TX, 78578 earns from $3,158/mo rent with a $2,687/mo payment. Total monthly income totals $3,158/mo. ROI tracks 12.76% on current figures, and rental yield reads 6.9% at a $549,000 purchase. Equity gained on principal adds $3,543/yr, and 5% annual appreciation supports $151,679 over five years. Five-year ROI reaches 66.53% and total cumulative return in cash sums $120,164. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,158/mo property income instead of your personal income.
Single Family
Built in 1995
2,070 sqft lot
$N/A/sqft
$1,060 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carmen Lucas • Coldwell Banker D'Ann Harper
Mls Name: SPIBOR
Mls ID: #101387
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.