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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 1206 Hibiscus St, Corpus Christi, TX, 78405 uses $48,068 cash to close to unlock $4,399/yr annual cash flow and $367/mo monthly cash flow. Total monthly income runs $1,398/mo, and a $710/mo payment keeps the spread at $367/mo. Purchase price stands at $145,000, and rental yield measures 11.57% with $1,398/mo rent. Return on cash invested shows 29.06% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 153.18% and total cumulative return in cash records $73,628. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,398/mo property income covering a $710/mo payment rather than investor’s personal income.
Multi Family
Built in 1996
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78405, Corpus Christi, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,649 (100%) |
| Owner Occupied HU | 2,567 (45.4%) |
| Renter Occupied HU | 2,214 (39.2%) |
| Vacant Housing Units | 868 (15.4%) |
| Median Home Value | $79,776 |
| Average Home Value | $170,461 |
Residential
5,135
Single Family
4,569
Multi-Family
566
Businesses
748
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Klajdi Kamenica • Keller Williams Coastal Bend
Mls Name: South Texas MLS
Mls ID: #458531
