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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% |
Rental property for sale in Corpus Christi at 1161 Thames Chase Dr, Corpus Christi, TX, 78415 generates $1,980/mo in rent, after a $1,490/mo payment. Total monthly income is $1,980/mo. Return on cash invested sits at 17.47% in year one, and rental yield is 7.8% on a $304,515 entry. Equity gained on principal adds $1,965/yr, while 5% annual appreciation builds toward $84,132 over five years. Five-year ROI reaches 91.05% and total cumulative return in cash sums $91,909. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,980/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
5,700 sqft lot
$N/A/sqft
$240 annually HOA
Neighborhood data shown for ZIP Code: 78415, Corpus Christi, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,293 (100%) |
| Owner Occupied HU | 8,499 (52.2%) |
| Renter Occupied HU | 5,836 (35.8%) |
| Vacant Housing Units | 1,958 (12.0%) |
| Median Home Value | $162,838 |
| Average Home Value | $239,827 |
Residential
14,632
Single Family
12,464
Multi-Family
2,168
Businesses
1,119
Date | Event | Price |
|---|---|---|
| 2024-12-18 | Listed for sale | $304,515 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $38,304 | 16.67% |
| 2023-12-27 | $765.47 | N/A | $32,832 | N/A |
Listed by: Gino Montalvo • Mirabal Montalvo & Associates
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #452035
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.
