1426 16th St #R, Rockport, TX, 78382 | $96/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1426 16th St #R, Rockport, TX, 78382 | $96/mo Cash Flow | Ziffy

For Sale

Airbnb Potential

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 1426 16th St #R, Rockport, TX, 78382 generates $1,980/mo in rent and, after a $1,297/mo payment, leaves $96/mo in cash flow. Total monthly income is $1,980/mo, and annual cash flow is $1,150/yr on $87,814 invested. Return on cash invested sits at 21.22% in year one, and rental yield is 8.97% on a $264,900 entry. Equity gained on principal adds $1,709/yr, while 5% annual appreciation builds toward $73,187 over five years. Five-year ROI reaches 111.07% and total cumulative return in cash sums $97,532. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,980/mo property income rather than buyer’s personal income.

Single Family

Built in 2015

1.02 Acres lot

$N/A/sqft

No HOA

More details about the property

This property is tranquil and covered in native Live Oak trees. This country setting is conveniently located just minutes from downtown Rockport or Aransas Pass & steps away from Cove Harbor. This super cute 2-bedroom, 1 bath home, on just over 1 fully fenced acre, has it all including an above ground pool, outdoor shower, separate garden area, storage building, flagstone patio with fire pit, and Casita that is just waiting on your finishing touches. There is plenty of room to build a large workshop, park any size boat, park your RV or even graze a horse! This is a perfect place for those raising agricultural animals. Everything about this property is geared toward the beautiful outdoors & the fun you will have there. The seller has run a profitable vacation rental business on the property, in the past, with 2 50-amp RV hook ups. There is room to add more RV hookups as well. The refrigerator and washer/dryer convey. Call me to show you this gem today!

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