17 Valdarama Dr SSouth Padre IslandTX78597
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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 South Padre Island at 17 Valdarama Dr S, South Padre Island, TX, 78597 at $299,900 posts ROI 19.42% with from $2,092/mo rent. Total monthly income equals $2,092/mo. Return on cash invested measures 19.42% and rental yield reads 8.37% at the current $299,900. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 by year five. Five-year ROI prints 101.44% and total cumulative return in cash totals $100,852. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,092/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2021
2,683 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78597, South Padre Island, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,367 (100%) |
| Owner Occupied HU | 745 (13.9%) |
| Renter Occupied HU | 415 ( 7.7%) |
| Vacant Housing Units | 4,207 (78.4%) |
| Median Home Value | $453,713 |
| Average Home Value | $480,027 |
Housing Distribution
Address Breakdown
Residential
589
Single Family
374
Multi-Family
215
Businesses
443
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Listed by: Olga Vega-Carter • SPI Realty
Mls Name: RGVMLS
Mls ID: #29766330