696 E Clam CirPort IsabelTX78578
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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 Isabel at 696 E Clam Cir, Port Isabel, TX, 78578 offers $2,074/mo rent that, after a $1,483/mo payment. Total monthly income is $2,074/mo. Return on cash invested measures 14.72% in year one, and rental yield stands at 8.21% at a $303,000 entry. Equity gained on principal adds $1,955/yr while 5% annual appreciation compounds into $83,713 by year five. Five-year ROI records 77.77% and total cumulative return in cash reaches $78,114. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,074/mo property income versus a $1,483/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
N/A 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: Laura Stathopoulos • South Padre Coastal Real Estate, Inc.
Mls Name: SPIBOR
Mls ID: #103780
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.