38 Harbor VwLaguna VistaTX78578
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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 Laguna Vista at 38 Harbor Vw, Laguna Vista, TX, 78578 priced at $499,900 pairs $3,703/mo rent with $148/mo cash flow after a $2,447/mo payment. Total monthly income equals $3,703/mo, and annual cash flow comes to $1,775/yr on $165,717 invested. Return on cash invested is 20.98% in year one, and rental yield stands at 8.89% on a $499,900 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,113 by year five. Five-year ROI measures 109.79% and total cumulative return in cash reaches $181,944. For financing, Ziffy Mortgage’s DSCR program evaluates $3,703/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78578, Port Isabel, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,257 (100%) |
| Owner Occupied HU | 2,632 (42.1%) |
| Renter Occupied HU | 1,490 (23.8%) |
| Vacant Housing Units | 2,135 (34.1%) |
| Median Home Value | $320,382 |
| Average Home Value | $351,909 |
Housing Distribution
Address Breakdown
Residential
4,035
Single Family
4,002
Multi-Family
33
Businesses
329
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Listed by: Olga Vega-Carter • SPI Realty
Mls Name: SPIBOR
Mls ID: #104692