800 Sandcastle Dr #112Port AransasTX78373
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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
Total monthly income runs $1,620/mo, and a $1,879/mo payment. Purchase price stands at $384,000, and rental yield measures 5.06% with $1,620/mo rent. Return on cash invested shows 9.44% in year one, and 5% annual appreciation builds toward $106,092 over five years. Five-year ROI reaches 47.92% and total cumulative return in cash records $61,004. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,620/mo property income covering a $1,879/mo payment rather than investor’s personal income.
Condo
Built in 1983
1,816 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78373, Port Aransas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,617 (100%) |
| Owner Occupied HU | 1,209 (21.5%) |
| Renter Occupied HU | 407 ( 7.2%) |
| Vacant Housing Units | 4,001 (71.2%) |
| Median Home Value | $491,147 |
| Average Home Value | $604,986 |
Housing Distribution
Address Breakdown
Residential
2,142
Single Family
2,142
Multi-Family
0
Businesses
403
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Listed by: Shelley Clawson • Mallach and Company
Mls Name: Unlock MLS
Mls ID: #5790722