689 E Clam CirPort IsabelTX78578
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Nearby investment properties with comparable prices
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
Investment property for sale in Port Isabel at 689 E Clam Cir, Port Isabel, TX, 78578 listed at $659,000 pairs $3,186/mo rent with a $3,225/mo payment. Total monthly income runs $3,186/mo. Return on cash invested measures 9.8% in year one, and rental yield registers 5.8% at a $659,000 basis. Equity gained on principal adds $4,252/yr, and annual property appreciation at 5% supports $182,070 by year five. Five-year ROI tracks 50.54% and total cumulative return in cash totals $109,579. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,186/mo property income relative to a $3,225/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
3,260 sqft lot
$N/A/sqft
$354 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78578, Port Isabel, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,257 (100%) |
| Owner Occupied HU | 2,632 (42.1%) |
| Renter Occupied HU | 1,490 (23.8%) |
| Vacant Housing Units | 2,135 (34.1%) |
| Median Home Value | $320,382 |
| Average Home Value | $351,909 |
Housing Distribution
Address Breakdown
Residential
4,035
Single Family
4,002
Multi-Family
33
Businesses
329
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Listed by: Wilfredo Zuniga • RE/MAX Elite
Mls Name: SPIBOR
Mls ID: #103552
Disclaimer: Information provided by South Padre Island BOR is deemed reliable but not guaranteed. South Padre Island BOR data is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.