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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% |
Investment property for sale in Rockport at 402 E Nopal St, Rockport, TX, 78382 earns $156/mo cash flow from $2,645/mo rent with a $1,713/mo payment. Total monthly income totals $2,645/mo, and annual cash flow totals $1,874/yr on $116,025 capital. ROI tracks 21.52% on current figures, and rental yield reads 9.07% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 112.75% and total cumulative return in cash sums $130,814. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,645/mo property income instead of your personal income.
Multi Family
Built in 1940
8,194 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-04-27 | Price change | $350,000 |
| 2023-03-21 | Pending sale | $315,000 |
| 2023-03-11 | Contingent | $315,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-28 | $4806.58 | 9.29% | $302,520 | 5.07% |
| 2023-04-28 | $4398.07 | 36.54% | $287,920 | 58.76% |
| 2022-04-28 | $3220.97 | -0.73% | $181,350 | -1.50% |
Listed by: Glenda Merrell • Key Allegro Real Estate
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #458269
Disclaimer: Based on information from South Texas MLS, LLC as of 2025-04-28 05:37:49 PDT. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.
