1402 Shadyside Dr, Rockport, TX, 78382 | $279/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1402 Shadyside Dr, Rockport, TX, 78382 | $279/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

Rental property for sale in Rockport at 1402 Shadyside Dr, Rockport, TX, 78382 priced at $370,000 pairs $2,910/mo rent with $279/mo cash flow after a $1,811/mo payment. Total monthly income equals $2,910/mo, and annual cash flow comes to $3,346/yr on $122,655 invested. Return on cash invested is 22.64% in year one, and rental yield stands at 9.44% on a $370,000 basis. Equity gained on principal adds $2,388/yr, and 5% annual appreciation accumulates to $102,224 by year five. Five-year ROI measures 118.67% and total cumulative return in cash reaches $145,553. For financing, Ziffy Mortgage’s DSCR program evaluates $2,910/mo property income against a $1,811/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1962

0.38 Acres lot

$N/A/sqft

No HOA

More details about the property

This lovely older home is in the heart of old Rockport. You are a stones throw from the Rockport-Fulton Highschool and H.E.B. The property has a huge back yard for add-on's such as; a workshop, larger garage or pool. House has a well for watering and solar panels that will keep your electric to a minimum. Newly engineered flooring has been installed in 80% of the house. Home has a large living room, extra large kitchen area, that can easily have an island installed and has a new A/C System. On the back of the house you have a large screened in porch. The interior has been recently painted.

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