320 S Lamont StAransas PassTX78336
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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
Rental property for sale in Aransas Pass at 320 S Lamont St, Aransas Pass, TX, 78336 priced at $184,900 converts $1,560/mo rent into $245/mo cash flow after a $905/mo obligation. Total monthly income equals $1,560/mo, and annual cash flow totals $2,942/yr on $61,294 invested. Return on cash invested prints 24.71% in year one, and rental yield reads 10.12% against a $184,900 entry. Equity gained on principal adds $1,193/yr, while 5% annual appreciation compiles into $51,084 by year five. Five-year ROI reaches 129.87% and total cumulative return in cash sums $79,603. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,560/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1944
9,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78336, Aransas Pass, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,787 (100%) |
| Owner Occupied HU | 3,803 (56.0%) |
| Renter Occupied HU | 1,535 (22.6%) |
| Vacant Housing Units | 1,449 (21.3%) |
| Median Home Value | $235,091 |
| Average Home Value | $293,169 |
Housing Distribution
Address Breakdown
Residential
5,474
Single Family
4,605
Multi-Family
869
Businesses
382
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Listed by: Deanna Ladner • XALT Real Estate
Mls Name: South Texas MLS
Mls ID: #464175