1409 Lois Chesney StCorpus ChristiTX78415
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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 1409 Lois Chesney St, Corpus Christi, TX, 78415 priced at $438,585 converts $2,585/mo rent into after a $2,147/mo obligation. Total monthly income equals $2,585/mo. Return on cash invested prints 15.5% in year one, and rental yield reads 7.07% against a $438,585 entry. Equity gained on principal adds $2,830/yr, while 5% annual appreciation compiles into $121,173 by year five. Five-year ROI reaches 80.4% and total cumulative return in cash sums $116,890. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,585/mo property income covering a $2,147/mo payment, not borrower’s personal income.
Single Family
Built in 2024
7,945 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78415, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
14,632
Single Family
12,464
Multi-Family
2,168
Businesses
1,119
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Listed by: Jeremy De La Garza • Corpus Christi Realty Group
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #450922
Disclaimer: Based on information from South Texas MLS, LLC as of 2025-02-13 03:55:27 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.