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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 520 E 1st St, Rockport, TX, 78382 with 5% annual appreciation on a $290,000 basis while $2,696/mo rent supports operations. Total monthly income totals $2,696/mo and a $1,419/mo payment preserves $634/mo for cash returns. Annual cash flow comes to $7,610/yr on $96,135 deployed, and return on cash invested reaches 27.82% in year one. Equity gained on principal adds $1,871/yr, and five-year appreciation sums $80,122 alongside rental yield of 11.16%. Five-year ROI measures 146.54% and total cumulative return in cash totals $140,872.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,696/mo property income versus a $1,419/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
0.43 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-12-16 | Price change | $290,000 |
| 2024-11-23 | Listed for sale | $300,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $2989.42 | 9.60% | $188,150 | 5.37% |
| 2023-02-13 | $2727.55 | 0.24% | $178,560 | 16.55% |
| 2022-02-13 | $2720.96 | 14.67% | $153,200 | 13.78% |
Listed by: Keri Patterson • LUCE PROPERTIES
Mls Name: RPMLS
Mls ID: #146934
Disclaimer: Copyright Rockport Area Association of REALTORS. Al rights reserved. Information is deemed reliable but not guaranteed.
