304 Bayside DrOak IslandTX77514
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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 Oak Island at 304 Bayside Dr, Oak Island, TX, 77514 earns from $1,601/mo rent with a $1,224/mo payment. Total monthly income totals $1,601/mo. ROI tracks 17.34% on current figures, and rental yield reads 7.68% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 90.29% and total cumulative return in cash sums $74,830. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,601/mo property income instead of your personal income.
Single Family
Built in 2012
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77514, Anahuac, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,398 (100%) |
| Owner Occupied HU | 1,734 (72.3%) |
| Renter Occupied HU | 348 (14.5%) |
| Vacant Housing Units | 316 (13.2%) |
| Median Home Value | $228,603 |
| Average Home Value | $260,859 |
Housing Distribution
Address Breakdown
Residential
1,278
Single Family
1,278
Multi-Family
0
Businesses
162
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Listed by: Rebecca Striebeck • StepStone Realty LLC
Mls Name: HAR
Mls ID: #21883809