129 Montego DrRockportTX78382
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Rockport at 129 Montego Dr, Rockport, TX, 78382 priced at $297,577 pairs $2,640/mo rent with $524/mo cash flow after a $1,456/mo payment. Total monthly income equals $2,640/mo, and annual cash flow comes to $6,292/yr on $98,647 invested. Return on cash invested is 26.29% in year one, and rental yield stands at 10.65% on a $297,577 basis. Equity gained on principal adds $1,920/yr, and 5% annual appreciation accumulates to $82,215 by year five. Five-year ROI measures 138.27% and total cumulative return in cash reaches $136,399. For financing, Ziffy Mortgage’s DSCR program evaluates $2,640/mo property income against a $1,456/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78382, Rockport, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,644
Single Family
9,525
Multi-Family
1,119
Businesses
703
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
