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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% |
Rental property for sale in Rockport at 115 W Speckled Trout, Rockport, TX, 78382 priced at $240,000 pairs $3,068/mo rent with $1,361/mo cash flow after a $1,175/mo payment. Total monthly income equals $3,068/mo, and annual cash flow comes to $16,332/yr on $79,560 invested. Return on cash invested is 40.44% in year one, and rental yield stands at 15.34% on a $240,000 basis. Equity gained on principal adds $1,549/yr, and 5% annual appreciation accumulates to $66,308 by year five. Five-year ROI measures 214.14% and total cumulative return in cash reaches $170,366. For financing, Ziffy Mortgage’s DSCR program evaluates $3,068/mo property income against a $1,175/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
0.28 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-07-02 | Price change | $240,000 |
| 2024-04-29 | Price change | $245,000 |
| 2024-04-05 | Listed for sale | $249,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-16 | $2352.77 | 93.92% | $201,530 | 132.20% |
| 2022-08-16 | $1213.27 | 21.19% | $86,790 | 18.73% |
| 2021-08-16 | $1001.15 | -8.54% | $73,100 | -2.26% |
Listed by: Crystal Schoen • SPEARS & COMPANY REAL ESTATE
Mls Name: RPMLS
Mls ID: #143538
Disclaimer: Copyright Rockport Area Association of REALTORS. Al rights reserved. Information is deemed reliable but not guaranteed.
