1011 S Alameda StCorpus ChristiTX78404
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
Investment property for sale in Corpus Christi at 1011 S Alameda St, Corpus Christi, TX, 78404 at $114,500 posts ROI 30.92% with $348/mo cash flow from $1,162/mo rent. Total monthly income equals $1,162/mo, and annual cash flow records $4,178/yr on $37,957 to close. Return on cash invested measures 30.92% and rental yield reads 12.18% at the current $114,500. Equity gained on principal adds $739/yr, and 5% annual appreciation supports $31,634 by year five. Five-year ROI prints 163.19% and total cumulative return in cash totals $61,940.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,162/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1916
7,327 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kim Erwin • KW Coastal Bend - Island
Mls Name: South Texas MLS
Mls ID: #444952