461 W Clam CirPort IsabelTX78578
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Port Isabel at 461 W Clam Cir, Port Isabel, TX, 78578 priced at $299,900 converts $2,705/mo rent into $227/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,705/mo, and annual cash flow totals $2,727/yr on $99,417 invested. Return on cash invested prints 22.65% in year one, and rental yield reads 10.82% against a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation compiles into $82,857 by year five. Five-year ROI reaches 120.31% and total cumulative return in cash sums $119,608. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,705/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 2006
N/A lot
$N/A/sqft
$345 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78578, Port Isabel, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,257 (100%) |
| Owner Occupied HU | 2,632 (42.1%) |
| Renter Occupied HU | 1,490 (23.8%) |
| Vacant Housing Units | 2,135 (34.1%) |
| Median Home Value | $320,382 |
| Average Home Value | $351,909 |
Housing Distribution
Address Breakdown
Residential
4,035
Single Family
4,002
Multi-Family
33
Businesses
329
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Listed by: Wilfredo Zuniga • RE/MAX Elite
Mls Name: SPIBOR
Mls ID: #101006
Disclaimer: Information provided by South Padre Island BOR is deemed reliable but not guaranteed. South Padre Island BOR data is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.