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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% |
Rental property for sale in Rockport at 5481 Highway 35 N UNIT 4, Rockport, TX, 78382 generates $1,477/mo in rent, after a $974/mo payment. Total monthly income is $1,477/mo. Return on cash invested sits at 18.16% in year one, and rental yield is 8.91% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 95.73% and total cumulative return in cash sums $63,150. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,477/mo property income rather than buyer’s personal income.
Condo
Built in 2011
N/A lot
$N/A/sqft
$158 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 |
|---|---|---|
| 2024-12-17 | Listed for sale | $199,000 |
| 2023-06-28 | Sold | N/A |
| 2023-06-14 | Pending sale | $159,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $1571.05 | 14.86% | $132,740 | 13.30% |
| 2023-02-13 | $1367.79 | 2.68% | $117,160 | 22.95% |
| 2022-02-13 | $1332.10 | 21.58% | $95,290 | 19.11% |
Listed by: Traci Poteet • eXp Realty, LLC
Mls Name: RPMLS
Mls ID: #147046
Disclaimer: Copyright Rockport Area Association of REALTORS. Al rights reserved. Information is deemed reliable but not guaranteed.
