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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 Rockport at 2292 N Fulton Beach Rd APT 403, Rockport, TX, 78382 generates $1,174/mo in rent, after a $1,591/mo payment. Total monthly income is $1,174/mo. Return on cash invested sits at 0.26% in year one, and rental yield is 4.33% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 1.21% and total cumulative return in cash sums $1,309. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,174/mo property income rather than buyer’s personal income.
Condo
Built in 1984
5.95 Acres lot
$N/A/sqft
$627 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 |
|---|---|---|
| 2024-09-04 | Price change | $325,000 |
| 2024-05-02 | Price change | $330,000 |
| 2022-09-20 | Pending sale | $269,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-23 | $2988.68 | 22.73% | $256,000 | 46.97% |
| 2022-10-23 | $2435.09 | 2.07% | $174,190 | N/A |
| 2021-10-23 | $2385.67 | -7.03% | $174,190 | -0.65% |
Listed by: Heather Cornet • By the Shores Realty Group
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #441082
Disclaimer: Based on information from South Texas MLS, LLC as of 2024-02-06 10:12:13 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.
