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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% |
Rental property for sale in Port Aransas at 432 Paradise Pointe Dr, Port Aransas, TX, 78373 priced at $849,000 pairs $3,208/mo rent with after a $4,155/mo payment. Total monthly income equals $3,208/mo. Return on cash invested is 7.91% in year one, and rental yield stands at 4.53% on a $849,000 basis. Equity gained on principal adds $5,478/yr, and 5% annual appreciation accumulates to $234,563 by year five. Five-year ROI measures 39.67% and total cumulative return in cash reaches $110,816. For financing, Ziffy Mortgage’s DSCR program evaluates $3,208/mo property income against a $4,155/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2016
5,898 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jennifer Murphy • eXp Realty LLC
Mls Name: South Texas MLS
Mls ID: #465375
