303 W 3rd St, Rockport, TX, 78382 | $89/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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303 W 3rd St, Rockport, TX, 78382 | $89/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Rockport at 303 W 3rd St, Rockport, TX, 78382 uses $107,738 cash to close to unlock $1,063/yr annual cash flow and $89/mo monthly cash flow. Total monthly income runs $2,400/mo, and a $1,591/mo payment keeps the spread at $89/mo. Purchase price stands at $325,000, and rental yield measures 8.86% with $2,400/mo rent. Return on cash invested shows 20.9% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 109.36% and total cumulative return in cash records $117,817. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $1,591/mo payment rather than investor’s personal income.

Single Family

Built in 1976

0.32 Acres lot

$N/A/sqft

No HOA

More details about the property

So many possibilities for this 3 bedroom 2 bath home sitting on two fully fenced lots with beautiful oak trees. This could be the perfect starter or retirement home, an addition to your rental portfolio, or whatever your imagination envisions. The living area a large area with a faulted ceiling and windows facing both the front and back of the home. French doors in the dining area lead out to the backyard which is large enough for a shop, RV pad, swimming pool, etc.. There are double gates making easy access to the backyard. The kitchen and dining area are open to the living area and create a great flow. All of the 3 bedrooms are on one end of the house. The primary bedroom has a private bathroom and access to the double car garage.

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