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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% |
Total monthly income runs $1,877/mo, and a $1,253/mo payment. Purchase price stands at $255,900, and rental yield measures 8.8% with $1,877/mo rent. Return on cash invested shows 15.31% in year one, and 5% annual appreciation builds toward $70,700 over five years. Five-year ROI reaches 81.36% and total cumulative return in cash records $69,014. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,877/mo property income covering a $1,253/mo payment rather than investor’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$382 monthly 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 |
|---|---|---|
| 2024-09-07 | Listed for sale | $255,900 |
| 2024-08-26 | Listing removed | N/A |
| 2024-06-29 | Price change | $259,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-23 | $3011.56 | 65.03% | $257,960 | 97.61% |
| 2022-10-23 | $1824.88 | -0.59% | $130,540 | -2.61% |
| 2021-10-23 | $1835.78 | -7.64% | $134,040 | -1.30% |
Listed by: Karen Mella • SPEARS & COMPANY REAL ESTATE
Mls Name: RPMLS
Mls ID: #143368
Disclaimer: Copyright Rockport Area Association of REALTORS. Al rights reserved. Information is deemed reliable but not guaranteed.
