302 Saint Andrews #C103RockportTX78382
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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 Rockport at 302 Saint Andrews #C103, Rockport, TX, 78382 listed at $222,500 pairs $1,790/mo rent with a $1,089/mo payment. Total monthly income runs $1,790/mo. Return on cash invested measures 16.86% in year one, and rental yield registers 9.65% at a $222,500 basis. Equity gained on principal adds $1,436/yr, and annual property appreciation at 5% supports $61,473 by year five. Five-year ROI tracks 90.06% and total cumulative return in cash totals $66,424. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,790/mo property income relative to a $1,089/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1986
N/A lot
$N/A/sqft
$395 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78382, Rockport, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,644
Single Family
9,525
Multi-Family
1,119
Businesses
703
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Listed by: Kristen Daniell • RE/MAX Security Real Estate
Mls Name: SABOR
Mls Provider:
Mls ID: #1879405
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.