1001 S Alameda StCorpus ChristiTX78404
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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
Investment property for sale in Corpus Christi at 1001 S Alameda St, Corpus Christi, TX, 78404 listed at $122,345 pairs $1,913/mo rent with a $599/mo payment to leave $1,006/mo cash flow. Total monthly income runs $1,913/mo, and annual cash flow reaches $12,077/yr on $40,557 cash to close. Return on cash invested measures 49.69% in year one, and rental yield registers 18.76% at a $122,345 basis. Equity gained on principal adds $789/yr, and annual property appreciation at 5% supports $33,802 by year five. Five-year ROI tracks 264.19% and total cumulative return in cash totals $107,147. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,913/mo property income relative to a $599/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
5,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78404, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,115 (100%) |
| Owner Occupied HU | 3,273 (46.0%) |
| Renter Occupied HU | 2,754 (38.7%) |
| Vacant Housing Units | 1,088 (15.3%) |
| Median Home Value | $192,468 |
| Average Home Value | $279,396 |
Housing Distribution
Address Breakdown
Residential
6,178
Single Family
5,361
Multi-Family
817
Businesses
504
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