404 Mercer StPort AransasTX78373
Nearby investment properties with comparable rents
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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
Investment property for sale in Port Aransas at 404 Mercer St, Port Aransas, TX, 78373 at $592,500 posts ROI 17.59% with from $3,812/mo rent. Total monthly income equals $3,812/mo. Return on cash invested measures 17.59% and rental yield reads 7.72% at the current $592,500. Equity gained on principal adds $3,823/yr, and 5% annual appreciation supports $163,697 by year five. Five-year ROI prints 91.59% and total cumulative return in cash totals $178,533. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,812/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1997
5,357 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78373, Port Aransas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,617 (100%) |
| Owner Occupied HU | 1,209 (21.5%) |
| Renter Occupied HU | 407 ( 7.2%) |
| Vacant Housing Units | 4,001 (71.2%) |
| Median Home Value | $491,147 |
| Average Home Value | $604,986 |
Housing Distribution
Address Breakdown
Residential
2,142
Single Family
2,142
Multi-Family
0
Businesses
403
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Nearby investment properties with comparable prices
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