813 Tarpon AvePort IsabelTX78578
Nearby investment properties with comparable rents
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
Rental property for sale in Port Isabel at 813 Tarpon Ave, Port Isabel, TX, 78578 priced at $545,000 pairs $3,588/mo rent with after a $2,668/mo payment. Total monthly income equals $3,588/mo. Return on cash invested is 18.13% in year one, and rental yield stands at 7.9% on a $545,000 basis. Equity gained on principal adds $3,517/yr, and 5% annual appreciation accumulates to $150,573 by year five. Five-year ROI measures 94.5% and total cumulative return in cash reaches $169,440. For financing, Ziffy Mortgage’s DSCR program evaluates $3,588/mo property income against a $2,668/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
3,900 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Padre Elite Team • RE/MAX Elite
Mls Name: SPIBOR
Mls ID: #104406