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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 Ingleside at 2238 Morgan Ln, Ingleside, TX, 78362 generates $1,680/mo in rent, after a $1,786/mo payment. Total monthly income is $1,680/mo. Return on cash invested sits at 10.83% in year one, and rental yield is 5.52% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 55.39% and total cumulative return in cash sums $67,015. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,680/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78362, Ingleside, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,866 (100%) |
| Owner Occupied HU | 2,688 (55.2%) |
| Renter Occupied HU | 1,371 (28.2%) |
| Vacant Housing Units | 807 (16.6%) |
| Median Home Value | $233,230 |
| Average Home Value | $265,187 |
Residential
4,729
Single Family
3,754
Multi-Family
975
Businesses
239
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Lillie Kindell • Keller Williams Coastal Bend
Mls Name: South Texas MLS
Mls ID: #464227
