705 Monkey RdRockportTX78382
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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 Rockport at 705 Monkey Rd, Rockport, TX, 78382 generates $1,967/mo in rent, after a $2,565/mo payment. Total monthly income is $1,967/mo. Return on cash invested sits at 7.81% in year one, and rental yield is 4.5% on a $524,000 entry. Equity gained on principal adds $3,381/yr, while 5% annual appreciation builds toward $144,772 over five years. Five-year ROI reaches 39.17% and total cumulative return in cash sums $67,531. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,967/mo property income rather than buyer’s personal income.
Single Family
Built in 2012
1.24 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
10,644
Single Family
9,525
Multi-Family
1,119
Businesses
703
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Listed by: Joe Riekers • Joe Riekers Real Estate
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #461000
Disclaimer: Based on information from South Texas MLS, LLC as of 2025-06-24 06:06:46 PDT. 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.