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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 Pt Aransas at 6317 State Highway 361 #6118, Pt Aransas, TX, 78373 earns from $2,640/mo rent with a $612/mo payment. Total monthly income totals $2,640/mo. ROI tracks 2.5% on current figures, and rental yield reads 25.34% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 35.37% and total cumulative return in cash sums $14,657. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,640/mo property income instead of your personal income.
Condo
Built in 1985
6,286 sqft lot
$N/A/sqft
$2,352 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 |
|---|---|---|
| 2024-05-01 | Price change | $125,000 |
| 2024-04-23 | Listed for sale | $135,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Julie Humble • Coldwell Banker Island Escapes
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #440568
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.
