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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 $901/mo, and a $587/mo payment. Purchase price stands at $120,000, and rental yield measures 9.01% with $901/mo rent. Return on cash invested shows 14.42% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 77.12% and total cumulative return in cash records $30,679. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $901/mo property income covering a $587/mo payment rather than investor’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$230 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 |
|---|---|---|
| 2025-01-13 | Price change | $120,000 |
| 2025-01-04 | Listed for sale | $126,000 |
| 2024-08-26 | Listing removed | $126,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $1586.47 | 2.81% | $99,850 | -1.16% |
| 2023-02-13 | $1543.12 | 4.78% | $101,020 | 21.83% |
| 2022-02-13 | $1472.75 | 8.34% | $82,920 | 7.49% |
Listed by: William Maxwell • LUCE PROPERTIES
Mls Name: RPMLS
Mls ID: #143378
Disclaimer: Copyright Rockport Area Association of REALTORS. Al rights reserved. Information is deemed reliable but not guaranteed.
