517 S Rife StAransas PassTX78336
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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 Aransas Pass at 517 S Rife St, Aransas Pass, TX, 78336 offers a 9.53% rental yield on a $247,500 purchase with $1,966/mo rent. Total monthly income registers $1,966/mo, and a $1,211/mo payment leaves $206/mo available for distribution. Annual cash flow reaches $2,476/yr on $82,046 to close, and return on cash invested stands at 22.93% in year one. Equity gained on principal adds $1,597/yr while 5% annual appreciation supports $68,380 over five years. Portfolio math shows five-year ROI at 120.27% and total cumulative return in cash at $98,681. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,966/mo property income against a $1,211/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78336, Aransas Pass, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,787 (100%) |
| Owner Occupied HU | 3,803 (56.0%) |
| Renter Occupied HU | 1,535 (22.6%) |
| Vacant Housing Units | 1,449 (21.3%) |
| Median Home Value | $235,091 |
| Average Home Value | $293,169 |
Housing Distribution
Address Breakdown
Residential
5,474
Single Family
4,605
Multi-Family
869
Businesses
382
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Listed by: JENNIFER HEDDLESTEN • RE/MAX SECURITY R. E.
Mls Name: RPMLS
Mls ID: #149309