1626 N Shore Dr #7Pt IsabelTX78578
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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
Investment property for sale in Pt Isabel at 1626 N Shore Dr #7, Pt Isabel, TX, 78578 uses $213,850 cash to close to unlock $10,586/yr annual cash flow and $882/mo monthly cash flow. Total monthly income runs $5,504/mo, and a $3,181/mo payment keeps the spread at $882/mo. Purchase price stands at $650,000, and rental yield measures 10.16% with $5,504/mo rent. Return on cash invested shows 25.01% in year one, and 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 131.4% and total cumulative return in cash records $280,994. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,504/mo property income covering a $3,181/mo payment rather than investor’s personal income.
Single Family
Built in 2001
8,616 sqft 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: Sandy Cantu • Real Estate Outfitters Inc
Mls Name: RGVMLS
Mls Provider:
Mls ID: #29761888
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.