9600 S Garcia St #13-BPt 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
Total monthly income runs $2,674/mo, and a $2,100/mo payment. Purchase price stands at $429,000, and rental yield measures 7.48% with $2,674/mo rent. Return on cash invested shows 11.67% in year one, and 5% annual appreciation builds toward $118,525 over five years. Five-year ROI reaches 61.71% and total cumulative return in cash records $87,757. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,674/mo property income covering a $2,100/mo payment rather than investor’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$600 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Gower • Keller Williams Realty LRGV - SPI
Mls Name: SPIBOR
Mls ID: #100879
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.