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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 233 Lakeview, Rockport, TX, 78382 offers $2,400/mo rent that, after a $1,818/mo payment. Total monthly income is $2,400/mo. Return on cash invested measures 17.56% in year one, and rental yield stands at 7.75% at a $371,500 entry. Equity gained on principal adds $2,397/yr while 5% annual appreciation compounds into $102,639 by year five. Five-year ROI records 91.44% and total cumulative return in cash reaches $112,616. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,400/mo property income versus a $1,818/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
0.31 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Carolyn Walker • Keller Williams Coastal Bend
Mls Name: LERA MLS
Mls ID: #1862166
