120 Speckled Egg LnPt 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 Pt Aransas at 120 Speckled Egg Ln, Pt Aransas, TX, 78373 priced at $1,695,000 converts $3,598/mo rent into after a $8,296/mo obligation. Total monthly income equals $3,598/mo. Return on cash invested prints 1.89% in year one, and rental yield reads 2.55% against a $1,695,000 entry. Equity gained on principal adds $10,938/yr, while 5% annual appreciation compiles into $468,297 by year five. Five-year ROI reaches 7.38% and total cumulative return in cash sums $40,509. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,598/mo property income covering a $8,296/mo payment, not borrower’s personal income.
Single Family
Built in 2025
3,180 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: Jodi Peters • Cinnamon Shore Realty
Mls Name: South Texas MLS
Mls ID: #460840