231 N 7th 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 231 N 7th St, Aransas Pass, TX, 78336 listed at $115,999 pairs $1,660/mo rent with a $568/mo payment to leave $835/mo cash flow. Total monthly income runs $1,660/mo, and annual cash flow reaches $10,018/yr on $38,454 cash to close. Return on cash invested measures 45.96% in year one, and rental yield registers 17.17% at a $115,999 basis. Equity gained on principal adds $749/yr, and annual property appreciation at 5% supports $32,048 by year five. Five-year ROI tracks 243.75% and total cumulative return in cash totals $93,731. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,660/mo property income relative to a $568/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
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: Chet Polniazek • 1st Texas Realty Services
Mls Name: HAR
Mls ID: #82487955