13 Augusta WLaguna VistaTX78578
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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 Laguna Vista at 13 Augusta W, Laguna Vista, TX, 78578 offers $1,571/mo rent that, after a $1,072/mo payment, leaves $14/mo cash flow. Total monthly income is $1,571/mo, and annual cash flow is $163/yr on $72,599 cash. Return on cash invested measures 20.13% in year one, and rental yield stands at 8.61% at a $219,000 entry. Equity gained on principal adds $1,413/yr while 5% annual appreciation compounds into $60,506 by year five. Five-year ROI records 105.29% and total cumulative return in cash reaches $76,437. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,571/mo property income versus a $1,072/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78578, Port Isabel, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,257 (100%) |
| Owner Occupied HU | 2,632 (42.1%) |
| Renter Occupied HU | 1,490 (23.8%) |
| Vacant Housing Units | 2,135 (34.1%) |
| Median Home Value | $320,382 |
| Average Home Value | $351,909 |
Housing Distribution
Address Breakdown
Residential
4,035
Single Family
4,002
Multi-Family
33
Businesses
329
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Listed by: Dani Milo • SPI Realty
Mls Name: SPIBOR
Mls ID: #104452