1068 E ScallopPt IsabelTX78578
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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
Investment Highlights
Investment property for sale in Pt Isabel at 1068 E Scallop, Pt Isabel, TX, 78578 uses $127,628 cash to close to unlock $5,467/yr annual cash flow and $456/mo monthly cash flow. Total monthly income runs $3,193/mo, and a $1,884/mo payment keeps the spread at $456/mo. Purchase price stands at $385,000, and rental yield measures 9.95% with $3,193/mo rent. Return on cash invested shows 24.19% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 127.02% and total cumulative return in cash records $162,118. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,193/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in 1995
2,178 sqft lot
$N/A/sqft
No 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
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