189 Driftwood DrCity By The SeaTX78336
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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 City By The Sea at 189 Driftwood Dr, City By The Sea, TX, 78336 earns from $3,570/mo rent with a $3,519/mo payment. Total monthly income totals $3,570/mo. ROI tracks 12.23% on current figures, and rental yield reads 5.96% at a $719,000 purchase. Equity gained on principal adds $4,640/yr, and 5% annual appreciation supports $198,646 over five years. Five-year ROI reaches 62.88% and total cumulative return in cash sums $148,745. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,570/mo property income instead of your personal income.
Single Family
Built in 1969
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78336, Aransas Pass, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,787 (100%) |
| Owner Occupied HU | 3,803 (56.0%) |
| Renter Occupied HU | 1,535 (22.6%) |
| Vacant Housing Units | 1,449 (21.3%) |
| Median Home Value | $235,091 |
| Average Home Value | $293,169 |
Housing Distribution
Address Breakdown
Residential
5,474
Single Family
4,605
Multi-Family
869
Businesses
382
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Listed by: Dallas Franklin • RE/MAX Land & Homes on the Bay
Mls Name: South Texas MLS
Mls ID: #469611