12308 Up River RdCorpus christiTX78410
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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
Rental property for sale in Corpus christi at 12308 Up River Rd, Corpus christi, TX, 78410 generates $2,328/mo in rent, after a $6,118/mo payment. Total monthly income is $2,328/mo. Return on cash invested sits at 0.93% in year one, and rental yield is 2.23% on a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation builds toward $345,352 over five years. Five-year ROI reaches 2.21% and total cumulative return in cash sums $8,965. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,328/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
18 Acres 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
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Listed by: Vickey Paschal • United Country RE-Bluntzer RE
Mls Name: South Texas MLS
Mls ID: #457954