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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 Port Aransas at 411 Spencers Lndg, Port Aransas, TX, 78373 at $519,000 posts ROI 20.65% with $84/mo cash flow from $3,874/mo rent. Total monthly income equals $3,874/mo, and annual cash flow records $1,003/yr on $170,751 to close. Return on cash invested measures 20.65% and rental yield reads 8.96% at the current $519,000. Equity gained on principal adds $3,349/yr, and 5% annual appreciation supports $143,390 by year five. Five-year ROI prints 108.25% and total cumulative return in cash totals $184,845.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,874/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2010
3,280 sqft lot
$N/A/sqft
$1,200 annually HOA
Neighborhood data shown for ZIP Code: 78373, Port Aransas, TX area.
| 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 |
Residential
2,142
Single Family
2,142
Multi-Family
0
Businesses
403
Date | Event | Price |
|---|---|---|
| 2024-07-20 | Price change | $519,000 |
| 2024-07-07 | Listed for sale | $525,000 |
| 2024-06-30 | Pending sale | $525,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-16 | $5950.35 | 36.39% | $470,863 | 66.81% |
| 2022-08-16 | $4362.73 | -4.32% | $282,278 | -0.75% |
| 2021-08-16 | $4559.51 | 11.29% | $284,397 | 17.68% |
Listed by: James Bishop • Keller Williams City-View
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #430436
Disclaimer: Based on information from South Texas MLS, LLC as of 2024-02-06 10:12:13 PST. 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.
