40 Golf House RdLaguna 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 40 Golf House Rd, Laguna Vista, TX, 78578 priced at $275,000 converts $2,599/mo rent into $56/mo cash flow after a $1,346/mo obligation. Total monthly income equals $2,599/mo, and annual cash flow totals $666/yr on $91,163 invested. Return on cash invested prints 20.64% in year one, and rental yield reads 11.34% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 110.79% and total cumulative return in cash sums $101,003. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,599/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Townhouse
Built in 2005
N/A lot
$N/A/sqft
$540 monthly 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: Veronica Pinkerton • Pinkerton Realty
Mls Name: SPIBOR
Mls ID: #103726
Disclaimer: Information provided by South Padre Island BOR is deemed reliable but not guaranteed. South Padre Island BOR data is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.