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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 Port Aransas at 6275 State Highway 361 UNIT 211, Port Aransas, TX, 78373 generates $2,640/mo in rent and, after a $1,415/mo payment, leaves $584/mo in cash flow. Total monthly income is $2,640/mo, and annual cash flow is $7,013/yr on $95,804 invested. Return on cash invested sits at 27.23% in year one, and rental yield is 10.96% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 143.32% and total cumulative return in cash sums $137,306. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,640/mo property income rather than buyer’s personal income.
Condo
Built in 1986
2,740 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Marnie Pate • Coldwell Banker Island Escapes
Mls Name: South Texas MLS
Mls ID: #467055
