1074 S Bay StAransas PassTX78336
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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
Rental property for sale in Aransas Pass at 1074 S Bay St, Aransas Pass, TX, 78336 generates $3,937/mo in rent, after a $4,385/mo payment. Total monthly income is $3,937/mo. Return on cash invested sits at 9.98% in year one, and rental yield is 5.27% on a $896,000 entry. Equity gained on principal adds $5,782/yr, while 5% annual appreciation builds toward $247,548 over five years. Five-year ROI reaches 50.86% and total cumulative return in cash sums $149,932. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,937/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
10,556 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78336, Aransas Pass, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,787 (100%) |
| Owner Occupied HU | 3,803 (56.0%) |
| Renter Occupied HU | 1,535 (22.6%) |
| Vacant Housing Units | 1,449 (21.3%) |
| Median Home Value | $235,091 |
| Average Home Value | $293,169 |
Housing Distribution
Address Breakdown
Residential
5,474
Single Family
4,605
Multi-Family
869
Businesses
382
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Listed by: The Coastal Lifestyle Team Donnie And Amy Garcia • SPEARS & COMPANY REAL ESTATE
Mls Name: RPMLS
Mls ID: #145696
Disclaimer: Copyright Rockport Area Association of REALTORS. Al rights reserved. Information is deemed reliable but not guaranteed.