10949 Gates LnCorpus ChristiTX78410
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 10949 Gates Ln, Corpus Christi, TX, 78410 earns $317/mo cash flow from $1,170/mo rent with a $587/mo payment. Total monthly income totals $1,170/mo, and annual cash flow totals $3,807/yr on $39,747 capital. ROI tracks 29.49% on current figures, and rental yield reads 11.71% at a $119,900 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 over five years. Five-year ROI reaches 155.51% and total cumulative return in cash sums $61,812. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,170/mo property income instead of your personal income.
Single Family
Built in 1983
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78410, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,617 (100%) |
| Owner Occupied HU | 7,256 (62.5%) |
| Renter Occupied HU | 3,462 (29.8%) |
| Vacant Housing Units | 899 ( 7.7%) |
| Median Home Value | $261,544 |
| Average Home Value | $294,174 |
Housing Distribution
Address Breakdown
Residential
11,100
Single Family
8,868
Multi-Family
2,232
Businesses
635
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eric Bluntzer • United Country RE-Bluntzer RE
Mls Name: South Texas MLS
Mls ID: #460783