1926 On The Beach Dr #432Pt 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 1926 On The Beach Dr #432, Pt Aransas, TX, 78373 listed at $199,000 pairs $1,542/mo rent with a $974/mo payment to leave $127/mo cash flow. Total monthly income runs $1,542/mo, and annual cash flow reaches $1,523/yr on $65,969 cash to close. Return on cash invested measures 22.22% in year one, and rental yield registers 9.3% at a $199,000 basis. Equity gained on principal adds $1,284/yr, and annual property appreciation at 5% supports $54,980 by year five. Five-year ROI tracks 116.43% and total cumulative return in cash totals $76,806. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,542/mo property income relative to a $974/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2005
N/A 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: Dana Stone • Hada Realty Company, LLC
Mls Name: South Texas MLS
Mls ID: #466864