423 S 12th StAransas PassTX78336
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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 Aransas Pass at 423 S 12th St, Aransas Pass, TX, 78336 earns $14/mo cash flow from $2,119/mo rent with a $1,449/mo payment. Total monthly income totals $2,119/mo, and annual cash flow totals $166/yr on $98,124 capital. ROI tracks 20.08% on current figures, and rental yield reads 8.59% at a $296,000 purchase. Equity gained on principal adds $1,910/yr, and 5% annual appreciation supports $81,779 over five years. Five-year ROI reaches 104.96% and total cumulative return in cash sums $102,988. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,119/mo property income instead of your personal income.
Single Family
Built in 1998
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78336, Aransas Pass, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,787 (100%) |
| Owner Occupied HU | 3,803 (56.0%) |
| Renter Occupied HU | 1,535 (22.6%) |
| Vacant Housing Units | 1,449 (21.3%) |
| Median Home Value | $235,091 |
| Average Home Value | $293,169 |
Housing Distribution
Address Breakdown
Residential
5,474
Single Family
4,605
Multi-Family
869
Businesses
382
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Listed by: Michelle Weigand • Coldwell Banker Pacesetter Ste
Mls Name: South Texas MLS
Mls ID: #462304