67 S Lake Dr, Rockport, TX, 78382 | $106/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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67 S Lake Dr, Rockport, TX, 78382 | $106/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Rockport at 67 S Lake Dr, Rockport, TX, 78382 offers $1,492/mo rent that, after a $954/mo payment, leaves $106/mo cash flow. Total monthly income is $1,492/mo, and annual cash flow is $1,269/yr on $64,643 cash. Return on cash invested measures 21.87% in year one, and rental yield stands at 9.18% at a $195,000 entry. Equity gained on principal adds $1,258/yr while 5% annual appreciation compounds into $53,875 by year five. Five-year ROI records 114.57% and total cumulative return in cash reaches $74,062. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,492/mo property income versus a $954/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2000

7,958 sqft lot

$N/A/sqft

No HOA

More details about the property

Nestled on a corner lot, in highly desired Lamar, this delightful property is shaded by mature oak trees, offering a tranquil retreat, backing onto a beautiful Green space. Inside you will find updated flooring and a well maintained interior. Ad addition provides extra living space and potential for additional sleeping space. Newly and tastefully painted, this home offers comfortable living for the full timer or weekender. The expansive deck, complete with a stylish pagoda, is perfect for outdoor living and entertaining and gardening. Backing up to lush Green space, privacy is assured. This home blends comfort and nature seamlessly, making if a perfect retreat. This home has a successful rental history. The property provides 2 outdoor storage units, with washer and dryer. The electric water heater holds 40 gallons for plenty of shower time. The 5 Ton A/C is just over a year old, roof replaced in 2017. Plenty of room to park your boat and vehicle! Live in beautiful Lamar!

Neighborhood Data

Neighborhood data shown for ZIP Code: 78382, Rockport, TX area.

Housing Distribution

Housing Statistics

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