510 Farley AvePort AransasTX78373
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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 Port Aransas at 510 Farley Ave, Port Aransas, TX, 78373 at $529,000 posts ROI 7.31% with from $1,912/mo rent. Total monthly income equals $1,912/mo. Return on cash invested measures 7.31% and rental yield reads 4.34% at the current $529,000. Equity gained on principal adds $3,414/yr, and 5% annual appreciation supports $146,153 by year five. Five-year ROI prints 36.46% and total cumulative return in cash totals $63,461. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,912/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1980
3,001 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
2,142
Single Family
2,142
Multi-Family
0
Businesses
403
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Listed by: Edward McClintick • Joseph Walter Realty, LLC
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #450827
Disclaimer: Based on information from South Texas MLS, LLC as of 2025-02-11 18:06:35 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.