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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Corpus Christi at 1145 Clare Dr, Corpus Christi, TX, 78412 uses $49,029 cash to close to unlock $4,658/yr annual cash flow and $388/mo monthly cash flow. Total monthly income runs $1,440/mo, and a $724/mo payment keeps the spread at $388/mo. Purchase price stands at $147,900, and rental yield measures 11.68% with $1,440/mo rent. Return on cash invested shows 29.41% in year one, and 5% annual appreciation builds toward $40,862 over five years. Five-year ROI reaches 155.09% and total cumulative return in cash records $76,039. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,440/mo property income covering a $724/mo payment rather than investor’s personal income.
Single Family
Built in 1955
6,525 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78412, Corpus Christi, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,290 (100%) |
| Owner Occupied HU | 6,831 (39.5%) |
| Renter Occupied HU | 8,750 (50.6%) |
| Vacant Housing Units | 1,709 ( 9.9%) |
| Median Home Value | $228,697 |
| Average Home Value | $296,194 |
Residential
16,708
Single Family
10,069
Multi-Family
6,639
Businesses
725
Date | Event | Price |
|---|---|---|
| 2024-12-22 | Price change | $147,900 |
| 2024-11-30 | Price change | $149,900 |
| 2024-11-19 | Price change | $154,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $115,220 | 10.00% |
| 2023-12-27 | $1120.46 | -52.71% | $104,745 | 10.00% |
| 2022-12-27 | $2369.12 | 16.23% | $95,223 | 21.09% |
Listed by: Hilda Garcia • Ambassador Group Realty
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #450013
Disclaimer: Based on information from South Texas MLS, LLC as of 2024-02-06 10:12:13 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.
