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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 118 Reserve Ln, Rockport, TX, 78382 with 5% annual appreciation on a $949,900 basis while $2,941/mo rent supports operations. 05% in year one. Equity gained on principal adds $6,130/yr, and five-year appreciation sums $262,440 alongside rental yield of 3.72%. Five-year ROI measures 14.47% and total cumulative return in cash totals $45,222. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,941/mo property income versus a $4,649/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2015
7,623 sqft lot
$N/A/sqft
$1,850 quarterly 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 |
|---|---|---|
| 2024-12-03 | Price change | $949,900 |
| 2024-11-04 | Price change | $969,900 |
| 2024-09-16 | Listed for sale | $999,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $11149.07 | -0.11% | $942,000 | -1.46% |
| 2023-12-27 | $11160.84 | 29.39% | $956,000 | 54.94% |
| 2022-12-27 | $8625.74 | 4.25% | $617,030 | 2.14% |
Listed by: Warren Green • Weichert Realtor - BCS
Mls Name: RPMLS
Mls ID: #145582
Disclaimer: Copyright Rockport Area Association of REALTORS. Al rights reserved. Information is deemed reliable but not guaranteed.
