000 Easement RoadCorpus ChristiTX78401
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 Corpus Christi at 000 Easement Road, Corpus Christi, TX, 78401 generates $1,114/mo in rent, after a $2,423/mo payment. Total monthly income is $1,114/mo. Return on cash invested sits at 2.31% in year one, and rental yield is 2.7% on a $495,000 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 9.68% and total cumulative return in cash sums $15,886. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,114/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78401, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,066 (100%) |
| Owner Occupied HU | 320 (15.5%) |
| Renter Occupied HU | 1,244 (60.2%) |
| Vacant Housing Units | 502 (24.3%) |
| Median Home Value | $163,415 |
| Average Home Value | $278,161 |
Housing Distribution
Address Breakdown
Residential
1,762
Single Family
699
Multi-Family
1,063
Businesses
1,180
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marco Ramirez • Bluestem Ranch Group
Mls Name: LERA MLS
Mls ID: #1930464