218 S 8th StAransas PassTX78336
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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 Aransas Pass at 218 S 8th St, Aransas Pass, TX, 78336 uses $84,499 cash to close to unlock $7,044/yr annual cash flow and $587/mo monthly cash flow. Total monthly income runs $2,400/mo, and a $1,248/mo payment keeps the spread at $587/mo. Purchase price stands at $254,900, and rental yield measures 11.3% with $2,400/mo rent. Return on cash invested shows 28.24% in year one, and 5% annual appreciation builds toward $70,424 over five years. Five-year ROI reaches 148.74% and total cumulative return in cash records $125,688. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1950
7,000 sqft lot
$N/A/sqft
No 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
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Listed by: Wendy Zavala • Christi Properties
Mls Name: South Texas MLS
Mls ID: #467577