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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Rockport at 109 Frontenac Ln, Rockport, TX, 78382 with 5% annual appreciation on a $374,900 basis while $2,040/mo rent supports operations. 69% in year one. Equity gained on principal adds $2,419/yr, and five-year appreciation sums $103,578 alongside rental yield of 6.53%. Five-year ROI measures 60.76% and total cumulative return in cash totals $75,511. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,040/mo property income versus a $1,835/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2008
2,544 sqft lot
$N/A/sqft
$225 monthly HOA
Neighborhood data shown for ZIP Code: 78382, Rockport, TX area.
| 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 |
Residential
10,644
Single Family
9,525
Multi-Family
1,119
Businesses
703
Date | Event | Price |
|---|---|---|
| 2024-07-28 | Price change | $374,900 |
| 2024-07-11 | Listed for sale | $425,000 |
| 2022-02-28 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $5330.43 | -3.99% | $335,490 | -7.70% |
| 2023-12-27 | $5551.96 | 3.87% | $363,460 | 20.77% |
| 2022-12-27 | $5345.14 | 11.36% | $300,950 | 10.50% |
Listed by: Susie Lee-Taylor • Key Allegro Real Estate
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #444220
Disclaimer: Based on information from South Texas MLS, LLC as of 2024-02-06 10:12:13 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.
