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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 1230 Red Bird Ln, Rockport, TX, 78382 at $327,000 posts ROI 20.73% with $74/mo cash flow from $2,400/mo rent. Total monthly income equals $2,400/mo, and annual cash flow records $890/yr on $108,401 to close. Return on cash invested measures 20.73% and rental yield reads 8.81% at the current $327,000. Equity gained on principal adds $2,110/yr, and 5% annual appreciation supports $90,344 by year five. Five-year ROI prints 108.49% and total cumulative return in cash totals $117,605.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,400/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
0.29 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Glenda Merrell • Key Allegro Real Estate
Mls Name: South Texas MLS
Mls ID: #467971
