1650 Green Grove DrCorpus ChristiTX78415
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
Investment property for sale in Corpus Christi at 1650 Green Grove Dr, Corpus Christi, TX, 78415 uses $36,134 cash to close to unlock $10,745/yr annual cash flow and $895/mo monthly cash flow. Total monthly income runs $1,671/mo, and a $534/mo payment keeps the spread at $895/mo. Purchase price stands at $109,000, and rental yield measures 18.4% with $1,671/mo rent. Return on cash invested shows 49.65% in year one, and 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 263.62% and total cumulative return in cash records $95,254. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,671/mo property income covering a $534/mo payment rather than investor’s personal income.
Single Family
Built in 1950
7,780 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Saenz • Saenz Real Estate Co.
Mls Name: South Texas MLS
Mls ID: #469936