120 E Huisache St #ASouth Padre IslandTX78597
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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 South Padre Island at 120 E Huisache St #A, South Padre Island, TX, 78597 priced at $669,000 pairs $5,147/mo rent with $390/mo cash flow after a $3,274/mo payment. Total monthly income equals $5,147/mo, and annual cash flow comes to $4,681/yr on $220,101 invested. Return on cash invested is 22.19% in year one, and rental yield stands at 9.23% on a $669,000 basis. Equity gained on principal adds $4,317/yr, and 5% annual appreciation accumulates to $184,832 by year five. Five-year ROI measures 116.26% and total cumulative return in cash reaches $255,891. For financing, Ziffy Mortgage’s DSCR program evaluates $5,147/mo property income against a $3,274/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2002
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78597, South Padre Island, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,367 (100%) |
| Owner Occupied HU | 745 (13.9%) |
| Renter Occupied HU | 415 ( 7.7%) |
| Vacant Housing Units | 4,207 (78.4%) |
| Median Home Value | $453,713 |
| Average Home Value | $480,027 |
Housing Distribution
Address Breakdown
Residential
589
Single Family
374
Multi-Family
215
Businesses
443
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Listed by: Carmen Lucas • Kuper Sotheby's International Realty
Mls Name: SPIBOR
Mls ID: #104212