1401 Barcelona DrCorpus ChristiTX78416
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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 1401 Barcelona Dr, Corpus Christi, TX, 78416 generates $1,428/mo in rent and, after a $827/mo payment, leaves $226/mo in cash flow. Total monthly income is $1,428/mo, and annual cash flow is $2,717/yr on $56,024 invested. Return on cash invested sits at 24.76% in year one, and rental yield is 10.14% on a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 130.12% and total cumulative return in cash sums $72,895. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,428/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
6,499 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78416, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,227 (100%) |
| Owner Occupied HU | 3,232 (61.8%) |
| Renter Occupied HU | 1,548 (29.6%) |
| Vacant Housing Units | 447 ( 8.6%) |
| Median Home Value | $95,459 |
| Average Home Value | $152,908 |
Housing Distribution
Address Breakdown
Residential
4,821
Single Family
4,570
Multi-Family
251
Businesses
302
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Listed by: Jose Recio • Compass RE Texas, LLC.
Mls Name: South Texas MLS
Mls ID: #467980