1706 Kentucky Derby DrCorpus ChristiTX78417
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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 1706 Kentucky Derby Dr, Corpus Christi, TX, 78417 priced at $272,900 pairs $2,027/mo rent with $86/mo cash flow after a $1,336/mo payment. Total monthly income equals $2,027/mo, and annual cash flow comes to $1,033/yr on $90,466 invested. Return on cash invested is 21.05% in year one, and rental yield stands at 8.91% on a $272,900 basis. Equity gained on principal adds $1,761/yr, and 5% annual appreciation accumulates to $75,397 by year five. Five-year ROI measures 110.22% and total cumulative return in cash reaches $99,708. For financing, Ziffy Mortgage’s DSCR program evaluates $2,027/mo property income against a $1,336/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
5,314 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78417, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,749 (100%) |
| Owner Occupied HU | 1,163 (66.5%) |
| Renter Occupied HU | 435 (24.9%) |
| Vacant Housing Units | 151 ( 8.6%) |
| Median Home Value | $195,291 |
| Average Home Value | $213,252 |
Housing Distribution
Address Breakdown
Residential
1,735
Single Family
1,333
Multi-Family
402
Businesses
208
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Listed by: Stephanie White • Zest Realty
Mls Name: South Texas MLS
Mls ID: #466766