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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 Rockport at 48 Redfish Dr, Rockport, TX, 78382 with 5% annual appreciation on a $279,000 basis while $1,721/mo rent supports operations. 32% in year one. Equity gained on principal adds $1,800/yr, and five-year appreciation sums $77,083 alongside rental yield of 7.4%. Five-year ROI measures 84.9% and total cumulative return in cash totals $78,523. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,721/mo property income versus a $1,366/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
0.34 Acres lot
$N/A/sqft
$13 monthly HOA
Neighborhood data shown for ZIP Code: 78382, Rockport, TX area.
| 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 |
Residential
10,644
Single Family
9,525
Multi-Family
1,119
Businesses
703
Date | Event | Price |
|---|---|---|
| 2024-12-23 | Listed for sale | $279,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-02-13 | $1683.13 | 1594.99% | $120,400 | 1560.69% |
| 2021-02-13 | $99.30 | 50.77% | $7,250 | 61.11% |
| 2020-02-13 | $65.86 | -4.56% | $4,500 | N/A |
Listed by: Emalee Loudermilk • SPEARS & COMPANY REAL ESTATE
Mls Name: RPMLS
Mls ID: #147058
Disclaimer: Copyright Rockport Area Association of REALTORS. Al rights reserved. Information is deemed reliable but not guaranteed.
