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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% |
Total monthly income runs $2,640/mo, and a $2,932/mo payment. Purchase price stands at $599,000, and rental yield measures 5.29% with $2,640/mo rent. Return on cash invested shows -1.93% in year one, and 5% annual appreciation builds toward $165,493 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,640/mo property income covering a $2,932/mo payment rather than investor’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
$1,876 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 |
|---|---|---|
| 2025-02-05 | Listed for sale | $599,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | N/A | N/A | $670,298 | 12.67% |
| 2023-02-12 | $11335.73 | 11.12% | $594,904 | 28.65% |
| 2022-02-12 | $10201.53 | 15.18% | $462,417 | 19.34% |
Listed by: Ashleigh Robertson • Mark Grosse Real Estate LLC
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #453544
Disclaimer: Based on information from South Texas MLS, LLC as of 2025-02-11 20:37:29 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.
