15401 Gun Cay Ct APT 502Corpus ChristiTX78418
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 15401 Gun Cay Ct APT 502, Corpus Christi, TX, 78418 generates $3,116/mo in rent and, after a $2,006/mo payment, leaves $201/mo in cash flow. Total monthly income is $3,116/mo, and annual cash flow is $2,417/yr on $135,882 invested. Return on cash invested sits at 21.69% in year one, and rental yield is 9.12% on a $409,900 entry. Equity gained on principal adds $2,645/yr, while 5% annual appreciation builds toward $113,248 over five years. Five-year ROI reaches 113.61% and total cumulative return in cash sums $154,372. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,116/mo property income rather than buyer’s personal income.
Townhouse
Built in 1997
3,332 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78418, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
15,824
Single Family
13,764
Multi-Family
2,060
Businesses
633
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James Mirabal • Mirabal Montalvo & Associates
Mls Name: South Texas MLS
Mls ID: #470624