4901 State Highway 361 APT 224, Port Aransas, TX, 78373 | $485/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

4901 State Highway 361 APT 224, Port Aransas, TX, 78373 | $485/mo Cash Flow | Ziffy

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1454 sft

905 Saint Timothy St, Corpus Christi, TX, 78418

2 Bed
2 Bath
791 sft

15201 Leeward Dr, Corpus Christi, TX, 78418

3 Bed
3 Bath
2001 sft

9529 Lovebird St, Corpus Christi, TX, 78418

2 Bed
1 Bath
910 sft

5641 Cordelia St, Corpus Christi, TX, 78412

Nearby investment properties with comparable prices

3 Bed
2 Bath
1444 sft

618 Kaipo Dr, Corpus Christi, TX, 78418

1 Bed
1 Bath
425 sft

14721 Whitecap Blvd APT 292, Corpus Christi, TX, 78418

3 Bed
- Bath
1277 sft

5026 Yorktown Blvd UNIT 14, Corpus Christi, TX, 78413

4 Bed
2 Bath
1633 sft

4705 Donegal Dr, Corpus Christi, TX, 78413

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Port Aransas at 4901 State Highway 361 APT 224, Port Aransas, TX, 78373 uses $82,544 cash to close to unlock $5,821/yr annual cash flow and $485/mo monthly cash flow. Total monthly income runs $2,256/mo, and a $1,219/mo payment keeps the spread at $485/mo. Purchase price stands at $249,000, and rental yield measures 10.87% with $2,256/mo rent. Return on cash invested shows 26.96% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 141.93% and total cumulative return in cash records $117,152. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,256/mo property income covering a $1,219/mo payment rather than investor’s personal income.

Condo

Built in 1979

N/A lot

$N/A/sqft

No HOA

More details about the property

Adjacent to Cinnamon Shore North! Golf cart boardwalk to the beach along with golf cart storage on site! Unit #224 is a spacious 1-Bedroom Condo at El Cortez with a balcony overlooking the pool, courtyard and community grills. Updated throughoutfully remodeled bathroom, new flooring, new paint, new furniture! Beautiful Plantation shutters and lovingly maintained, Unit 224 features a large private deck and comfortably sleeps 4. Ideally located next to the highly sought after Cinnamon Shore North community, El Cortez offers the same stunning beachfront accesswithout the premium price tag. This well-maintained complex features two refreshing pools, ample green space, and a golf cart-accessible boardwalk that leads directly to the beach, making it a standout option for both personal enjoyment and investment. Unit #224 is impressively spacious for a one-bedroom condo, offering just under 900 sq. ft. of bright, open-concept living space. This is ideal for a rental income property or hosting friends and family. With a low HOA (only $468 per month!) and strong rental history, El Cortez #224 is the perfect blend of affordability, location, and lifestyle. Gorgeous furnishings are included. Dont miss this opportunity to own a slice of Port Aransas paradise.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78373, Port Aransas, TX area.

Housing Distribution

Housing Statistics

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