17 Circle Lake Dr, Rockport, TX, 78382 | $34/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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17 Circle Lake Dr, Rockport, TX, 78382 | $34/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 17 Circle Lake Dr, Rockport, TX, 78382 offers $2,231/mo rent that, after a $1,512/mo payment, leaves $34/mo cash flow. Total monthly income is $2,231/mo, and annual cash flow is $409/yr on $102,434 cash. Return on cash invested measures 20.31% in year one, and rental yield stands at 8.66% at a $309,000 entry. Equity gained on principal adds $1,994/yr while 5% annual appreciation compounds into $85,371 by year five. Five-year ROI records 106.24% and total cumulative return in cash reaches $108,821. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,231/mo property income versus a $1,512/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2004

0.47 Acres lot

$N/A/sqft

No HOA

More details about the property

Located minutes from St. Charles Bay for great fishing and Goose Island State Park, this is a prime spot for those that love the outdoors. Surrounded by towering oak trees on nearly 1/2 an acre, you will love the serenity this property offers. A large covered porch attached to a 520 sqft workshop, plus an additional storage building providing ample space for hobbies and organization. An added 50amp plug for RV connection. Inside, the main level features two living areas, a half-bath, and a spacious office that opens to a welcoming covered front porch. Upstairs, the primary bedroom and bath are joined by two additional bedrooms and a full bath. Solar panels add efficiency to this property, blending comfort with sustainability.

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