412 Augusta DrRockportTX78382
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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 Rockport at 412 Augusta Dr, Rockport, TX, 78382 offers $2,357/mo rent that, after a $1,369/mo payment, leaves $368/mo cash flow. Total monthly income is $2,357/mo, and annual cash flow is $4,416/yr on $92,721 cash. Return on cash invested measures 24.67% in year one, and rental yield stands at 10.11% at a $279,700 entry. Equity gained on principal adds $1,805/yr while 5% annual appreciation compounds into $77,276 by year five. Five-year ROI records 129.57% and total cumulative return in cash reaches $120,142. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,357/mo property income versus a $1,369/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78382, Rockport, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,644
Single Family
9,525
Multi-Family
1,119
Businesses
703
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