114 Barefoot LnPort AransasTX78373
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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 Port Aransas at 114 Barefoot Ln, Port Aransas, TX, 78373 priced at $1,450,000 pairs $3,598/mo rent with after a $7,097/mo payment. Total monthly income equals $3,598/mo. Return on cash invested is 3.22% in year one, and rental yield stands at 2.98% on a $1,450,000 basis. Equity gained on principal adds $9,357/yr, and 5% annual appreciation accumulates to $400,608 by year five. Five-year ROI measures 14.5% and total cumulative return in cash reaches $68,109. For financing, Ziffy Mortgage’s DSCR program evaluates $3,598/mo property income against a $7,097/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
3,324 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78373, Port Aransas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,617 (100%) |
| Owner Occupied HU | 1,209 (21.5%) |
| Renter Occupied HU | 407 ( 7.2%) |
| Vacant Housing Units | 4,001 (71.2%) |
| Median Home Value | $491,147 |
| Average Home Value | $604,986 |
Housing Distribution
Address Breakdown
Residential
2,142
Single Family
2,142
Multi-Family
0
Businesses
403
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Listed by: Whitney Kight • Kite and Key Realty, PLLC
Mls Name: South Texas MLS
Mls ID: #467703