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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% |
Rental property for sale in Corpus Christi at 14202 Encantada Ave APT 303, Corpus Christi, TX, 78418 generates $2,400/mo in rent and, after a $1,566/mo payment, leaves $125/mo in cash flow. Total monthly income is $2,400/mo, and annual cash flow is $1,499/yr on $106,047 invested. Return on cash invested sits at 21.32% in year one, and rental yield is 9% on a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 111.63% and total cumulative return in cash sums $118,376. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Townhouse
Built in 2005
2,300 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78418, Corpus Christi, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,925 (100%) |
| Owner Occupied HU | 9,132 (54.0%) |
| Renter Occupied HU | 4,073 (24.1%) |
| Vacant Housing Units | 3,720 (22.0%) |
| Median Home Value | $357,827 |
| Average Home Value | $408,375 |
Residential
15,824
Single Family
13,764
Multi-Family
2,060
Businesses
633
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: Jodi Schultz • Berkshire Hathaway HomeService
Mls Name: South Texas MLS
Mls ID: #465804
