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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Rockport at 1809 Hillcrest Dr APT 101, Rockport, TX, 78382 uses $66,267 cash to close to unlock $3,299/yr annual cash flow and $275/mo monthly cash flow. Total monthly income runs $1,696/mo, and a $978/mo payment keeps the spread at $275/mo. Purchase price stands at $199,900, and rental yield measures 10.18% with $1,696/mo rent. Return on cash invested shows 24.89% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 130.73% and total cumulative return in cash records $86,629. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,696/mo property income covering a $978/mo payment rather than investor’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78382, Rockport, TX area.
| 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 |
Residential
10,644
Single Family
9,525
Multi-Family
1,119
Businesses
703
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: TERRY SOCIA • RE/MAX SECURITY R. E.
Mls Name: RPMLS
Mls ID: #149113
