1419 Laredo StCorpus ChristiTX78401
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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 1419 Laredo St, Corpus Christi, TX, 78401 priced at $200,000 pairs $801/mo rent with after a $979/mo payment. Total monthly income equals $801/mo. Return on cash invested is 8.66% in year one, and rental yield stands at 4.81% on a $200,000 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 43.76% and total cumulative return in cash reaches $29,012. For financing, Ziffy Mortgage’s DSCR program evaluates $801/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1955
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78401, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,066 (100%) |
| Owner Occupied HU | 320 (15.5%) |
| Renter Occupied HU | 1,244 (60.2%) |
| Vacant Housing Units | 502 (24.3%) |
| Median Home Value | $163,415 |
| Average Home Value | $278,161 |
Housing Distribution
Address Breakdown
Residential
1,762
Single Family
699
Multi-Family
1,063
Businesses
1,180
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Listed by: Priscilla Vasquez • Prime Real Estate
Mls Name: South Texas MLS
Mls ID: #458841