1813 S 11th St #102Pt AransasTX78373
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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 Aransas at 1813 S 11th St #102, Pt Aransas, TX, 78373 listed at $455,000 pairs $3,475/mo rent with a $2,227/mo payment to leave $239/mo cash flow. Total monthly income runs $3,475/mo, and annual cash flow reaches $2,873/yr on $150,833 cash to close. Return on cash invested measures 21.81% in year one, and rental yield registers 9.16% at a $455,000 basis. Equity gained on principal adds $2,936/yr, and annual property appreciation at 5% supports $125,708 by year five. Five-year ROI tracks 114.29% and total cumulative return in cash totals $172,384. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,475/mo property income relative to a $2,227/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2019
2,317 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78373, Port Aransas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,617 (100%) |
| Owner Occupied HU | 1,209 (21.5%) |
| Renter Occupied HU | 407 ( 7.2%) |
| Vacant Housing Units | 4,001 (71.2%) |
| Median Home Value | $491,147 |
| Average Home Value | $604,986 |
Housing Distribution
Address Breakdown
Residential
2,142
Single Family
2,142
Multi-Family
0
Businesses
403
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Listed by: Tara Hogan • Mark Grosse Real Estate LLC
Mls Name: South Texas MLS
Mls ID: #464213