156 Port Saint ClaireCity By The SeaTX78336
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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
Investment Highlights
Rental property for sale in City By The Sea at 156 Port Saint Claire, City By The Sea, TX, 78336 priced at $789,000 converts $4,508/mo rent into after a $3,862/mo obligation. Total monthly income equals $4,508/mo. Return on cash invested prints 14.83% in year one, and rental yield reads 6.86% against a $789,000 entry. Equity gained on principal adds $5,091/yr, while 5% annual appreciation compiles into $217,986 by year five. Five-year ROI reaches 76.82% and total cumulative return in cash sums $199,402. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,508/mo property income covering a $3,862/mo payment, not borrower’s personal income.
Single Family
Built in 1971
5,998 sqft lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78336, Aransas Pass, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,787 (100%) |
| Owner Occupied HU | 3,803 (56.0%) |
| Renter Occupied HU | 1,535 (22.6%) |
| Vacant Housing Units | 1,449 (21.3%) |
| Median Home Value | $235,091 |
| Average Home Value | $293,169 |
Housing Distribution
Address Breakdown
Residential
5,474
Single Family
4,605
Multi-Family
869
Businesses
382
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Listed by: Shelly Griffin • Realty Executives Coastal Bend
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #440159
Disclaimer: Based on information from South Texas MLS, LLC as of 2024-02-06 10:12:13 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.