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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% |
Rental property for sale in Pt Aransas at 2072 State Highway 361, Pt Aransas, TX, 78373 generates $6,110/mo in rent, after a $8,810/mo payment. Total monthly income is $6,110/mo. Return on cash invested sits at 6.6% in year one, and rental yield is 4.07% on a $1,800,000 entry. Equity gained on principal adds $11,615/yr, while 5% annual appreciation builds toward $497,307 over five years. Five-year ROI reaches 32.63% and total cumulative return in cash sums $190,295. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,110/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78373, Port Aransas, TX area.
| 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 |
Residential
2,142
Single Family
2,142
Multi-Family
0
Businesses
403
Date | Event | Price |
|---|---|---|
| 2024-08-28 | Price change | $1,800,000 |
| 2021-12-06 | Pending sale | $1,550,000 |
| 2021-11-20 | Contingent | $1,550,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: William Maxwell • LUCE PROPERTIES
Mls Name: RPMLS
Mls ID: #145488
Disclaimer: Copyright Rockport Area Association of REALTORS. Al rights reserved. Information is deemed reliable but not guaranteed.
