630 W Center Sq #201Port AransasTX78373
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Port Aransas at 630 W Center Sq #201, Port Aransas, TX, 78373 generates $1,620/mo in rent, after a $2,429/mo payment. Total monthly income is $1,620/mo. Return on cash invested sits at 5.98% in year one, and rental yield is 3.92% on a $496,200 entry. Equity gained on principal adds $3,202/yr, while 5% annual appreciation builds toward $137,091 over five years. Five-year ROI reaches 29.39% and total cumulative return in cash sums $48,351. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,620/mo property income rather than buyer’s personal income.
Condo
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78373, Port Aransas, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
2,142
Single Family
2,142
Multi-Family
0
Businesses
403
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Listed by: Anza Smith • Keller Williams Coastal Bend
Mls Name: South Texas MLS
Mls ID: #462722