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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 Port Aransas at 6021 State Highway 361 APT 101, Port Aransas, TX, 78373 offers a 5.29% rental yield on a $549,900 purchase with $2,424/mo rent. 1% in year one. Equity gained on principal adds $3,548/yr while 5% annual appreciation supports $151,927 over five years. Portfolio math shows five-year ROI at 1.47% and total cumulative return in cash at $2,666. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,424/mo property income against a $2,691/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1979
3,877 sqft lot
$N/A/sqft
$1,513 monthly HOA
Neighborhood data shown for ZIP Code: 78373, Port Aransas, TX area.
| 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 |
Residential
2,142
Single Family
2,142
Multi-Family
0
Businesses
403
Date | Event | Price |
|---|---|---|
| 2024-08-17 | Price change | $549,500 |
| 2024-06-12 | Price change | $549,900 |
| 2024-05-14 | Price change | $575,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | N/A | N/A | $557,787 | 14.74% |
| 2023-02-12 | $9262.97 | -5.77% | $486,125 | 9.09% |
| 2022-02-12 | $9830.58 | 18.80% | $445,603 | 23.09% |
Listed by: Dee Banks • RE/MAX Go
Mls Name: HAR
Mls Provider:
Mls ID: #91624842
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