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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 302 Saint Andrews St APT A-202, Rockport, TX, 78382 offers a 10.64% rental yield on a $195,000 purchase with $1,729/mo rent. 12% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 102.45% and total cumulative return in cash at $66,226. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,729/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1986
N/A lot
$N/A/sqft
$385 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 |
|---|---|---|
| 2024-11-29 | Price change | $195,000 |
| 2024-08-26 | Listed for sale | $199,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $581.67 | 0.98% | $124,185 | 10.00% |
| 2023-12-27 | $576.00 | -48.03% | $112,895 | 10.00% |
| 2022-12-27 | $1108.41 | -1.64% | $102,632 | 10.00% |
Listed by: Courtney Wells • LUCE PROPERTIES
Mls Name: RPMLS
Mls ID: #145471
Disclaimer: Copyright Rockport Area Association of REALTORS. Al rights reserved. Information is deemed reliable but not guaranteed.
