708 N Austin St, Rockport, TX, 78382 | 5.77% Rental Yield

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708 N Austin St, Rockport, TX, 78382 | 5.77% Rental Yield | 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

Investment property for sale in Rockport at 708 N Austin St, Rockport, TX, 78382 listed at $285,000 pairs $1,370/mo rent with a $1,395/mo payment. Total monthly income runs $1,370/mo. Return on cash invested measures 11.57% in year one, and rental yield registers 5.77% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 59.36% and total cumulative return in cash totals $56,082. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,370/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1945

8,192 sqft lot

$N/A/sqft

No HOA

More details about the property

Nestled in the Historic Neighborhood of Old Rockport, located walking distance north of Rockport Beach awaits this extraordinary beach bungalow that radiates timeless charm. This exceptional home features an open and inviting floor plan with new stunning engineered hardwood floors and Coastal style board and batten. The primary suite is a peaceful sanctuary, with its own private screened in porch leading out to the beautiful lush gardens. With endless entertaining possibilities it features a canopy of shade with a giant tree & pergola creating an idyllic oasis. The Guest Cottage provides privacy & comfort accommodations when hosting your friends and family for the weekend! It is the perfect place to unwind & soak in the scenery on its own private porch. Schedule your private tour today and experience the epitome of coastal living! Currently in the short term rental pool. Income producing property.

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