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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 627 Copano Cove Rd, Rockport, TX, 78382 at $329,000 posts ROI 15.96% with from $1,980/mo rent. Total monthly income equals $1,980/mo. Return on cash invested measures 15.96% and rental yield reads 7.22% at the current $329,000. Equity gained on principal adds $2,123/yr, and 5% annual appreciation supports $90,897 by year five. Five-year ROI prints 82.85% and total cumulative return in cash totals $90,357. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,980/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1985
7,260 sqft 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 |
|---|---|---|
| 2024-10-04 | Listed for sale | $329,000 |
| 2024-09-27 | Contingent | $349,000 |
| 2024-09-27 | Pending sale | $349,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-23 | $3379.42 | 8.08% | $289,470 | 29.42% |
| 2022-10-23 | $3126.64 | 22.34% | $223,660 | 19.86% |
| 2021-10-23 | $2555.65 | 42.87% | $186,600 | 52.68% |
Listed by: Jennifer Saski • Realty Executives Coastal Bend
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #437579
Disclaimer: Based on information from South Texas MLS, LLC as of 2024-02-06 10:12:13 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.
