1925 Lighthouse Lake LnAransas PassTX78336
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Aransas Pass at 1925 Lighthouse Lake Ln, Aransas Pass, TX, 78336 priced at $299,990 pairs $2,400/mo rent with $242/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,400/mo, and annual cash flow comes to $2,904/yr on $99,447 invested. Return on cash invested is 22.83% in year one, and rental yield stands at 9.6% on a $299,990 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,882 by year five. Five-year ROI measures 119.87% and total cumulative return in cash reaches $119,205. For financing, Ziffy Mortgage’s DSCR program evaluates $2,400/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
6,525 sqft lot
$N/A/sqft
$300 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leon Summers • Hogan Homes
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #447184
Disclaimer: Based on information from South Texas MLS, LLC as of 2024-02-06 10:12:13 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.