238 W Brundrett AvePort AransasTX78373
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Port Aransas at 238 W Brundrett Ave, Port Aransas, TX, 78373 at $289,000 posts ROI 27.23% with $584/mo cash flow from $2,640/mo rent. Total monthly income equals $2,640/mo, and annual cash flow records $7,013/yr on $95,804 to close. Return on cash invested measures 27.23% and rental yield reads 10.96% at the current $289,000. Equity gained on principal adds $1,865/yr, and 5% annual appreciation supports $79,845 by year five. Five-year ROI prints 143.32% and total cumulative return in cash totals $137,306.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,640/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1975
4,787 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78373, Port Aransas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,617 (100%) |
| Owner Occupied HU | 1,209 (21.5%) |
| Renter Occupied HU | 407 ( 7.2%) |
| Vacant Housing Units | 4,001 (71.2%) |
| Median Home Value | $491,147 |
| Average Home Value | $604,986 |
Housing Distribution
Address Breakdown
Residential
2,142
Single Family
2,142
Multi-Family
0
Businesses
403
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Listed by: Addie Belcher • Whitten Real Estate, Inc.
Mls Name: South Texas MLS
Mls ID: #464029