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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% |
Investment property for sale in Rockport at 292 Reserve Ln UNIT 402, Rockport, TX, 78382 offers a 5.04% rental yield on a $745,000 purchase with $3,126/mo rent. 43% in year one. Equity gained on principal adds $4,807/yr while 5% annual appreciation supports $205,830 over five years. Portfolio math shows five-year ROI at 12.83% and total cumulative return in cash at $31,436. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,126/mo property income against a $3,646/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2023
4,129 sqft lot
$N/A/sqft
$1,430 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 |
|---|---|---|
| 2024-04-20 | Listed for sale | $745,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2021-02-13 | $550.98 | -6.80% | $40,230 | -0.40% |
| 2020-02-13 | $591.18 | 38.83% | $40,390 | 45.44% |
| 2019-02-13 | $425.84 | N/A | $27,770 | N/A |
Listed by: Tiffany Zuinga • The Reserve at St. Charles Bay
Mls Name: RPMLS
Mls ID: #143617
Disclaimer: Copyright Rockport Area Association of REALTORS. Al rights reserved. Information is deemed reliable but not guaranteed.
