Pelican Plan, Bahia Point SubdivisionPt 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 Pt Isabel at Pelican Plan, Bahia Point Subdivision, Pt Isabel, TX, 78578 offers $2,084/mo rent that, after a $1,459/mo payment. Total monthly income is $2,084/mo. Return on cash invested measures 19.29% in year one, and rental yield stands at 8.39% at a $298,000 entry. Equity gained on principal adds $1,923/yr while 5% annual appreciation compounds into $82,332 by year five. Five-year ROI records 100.84% and total cumulative return in cash reaches $99,620. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,084/mo property income versus a $1,459/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$15 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
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