129 Palmetto Point Rd, Rockport, TX, 78382 | $194/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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129 Palmetto Point Rd, Rockport, TX, 78382 | $194/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Rockport at 129 Palmetto Point Rd, Rockport, TX, 78382 uses $109,362 cash to close to unlock $2,323/yr annual cash flow and $194/mo monthly cash flow. Total monthly income runs $2,544/mo, and a $1,615/mo payment keeps the spread at $194/mo. Purchase price stands at $329,900, and rental yield measures 9.25% with $2,544/mo rent. Return on cash invested shows 22.03% in year one, and 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 115.47% and total cumulative return in cash records $126,279. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,544/mo property income covering a $1,615/mo payment rather than investor’s personal income.

Single Family

Built in 2022

5,000 sqft lot

$N/A/sqft

$50 annually HOA

More details about the property

Nestled in the waterfront community of Holiday Beach, this property offers privacy and relaxing coastal living ~ Cozy covered front porch ~ Step inside to an inviting open-concept living space, where windows bathe the home in natural light ~ The cheerful kitchen boasts stainless steel appliances and granite countertops ~ Perfect open layout for entertaining friends and family ~ Main level primary suite with full bath, two closets and private entrance to the backyard ~ Laundry room with half bath ~ Two additional bedrooms plus full bath are located on the second level ~ Enjoy direct access to world-class fishing, boating, dolphin watching and gorgeous sunsets ~ Whether you're unwinding on the covered porch or hosting guests in the outdoor space, every moment here feels like a vacation ~ Amenities include 2 boat ramps, fishing pier, kayak park, community pool and community center ~ Located just minutes from Rockport's vibrant dining, shopping, and art scene ~ Most furnishings convey

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