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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% |
Rental property for sale in Rockport at 370 W Misty Oak Ln, Rockport, TX, 78382 offers $2,395/mo rent that, after a $1,835/mo payment. Total monthly income is $2,395/mo. Return on cash invested measures 17.25% in year one, and rental yield stands at 7.66% at a $375,000 entry. Equity gained on principal adds $2,420/yr while 5% annual appreciation compounds into $103,606 by year five. Five-year ROI records 89.81% and total cumulative return in cash reaches $111,651. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,395/mo property income versus a $1,835/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
5,000 sqft lot
$N/A/sqft
$50 annually 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 |
|---|---|---|
| 2024-09-23 | Price change | $375,000 |
| 2024-04-06 | Price change | $389,000 |
| 2024-03-06 | Listed for sale | $399,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $3187.78 | 1720.34% | $269,340 | 1695.60% |
| 2023-02-13 | $175.12 | 31.86% | $15,000 | 57.89% |
| 2022-02-13 | $132.81 | 68.60% | $9,500 | 65.22% |
Listed by: Carolyn Walker • KELLER WILLIAMS COASTAL BEND ROCKPORT
Mls Name: RPMLS
Mls ID: #147211
Disclaimer: Copyright Rockport Area Association of REALTORS. Al rights reserved. Information is deemed reliable but not guaranteed.
