1802 Paul Jones AveCorpus ChristiTX78412
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 1802 Paul Jones Ave, Corpus Christi, TX, 78412 generates $783/mo in rent and, after a $489/mo payment, leaves $72/mo in cash flow. Total monthly income is $783/mo, and annual cash flow is $868/yr on $33,150 invested. Return on cash invested sits at 22.53% in year one, and rental yield is 9.4% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 118.2% and total cumulative return in cash sums $39,184. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $783/mo property income rather than buyer’s personal income.
Single Family
Built in 1942
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78412, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,290 (100%) |
| Owner Occupied HU | 6,831 (39.5%) |
| Renter Occupied HU | 8,750 (50.6%) |
| Vacant Housing Units | 1,709 ( 9.9%) |
| Median Home Value | $228,697 |
| Average Home Value | $296,194 |
Housing Distribution
Address Breakdown
Residential
16,708
Single Family
10,069
Multi-Family
6,639
Businesses
725
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lydia Ransom • RE/MAX Professionals
Mls Name: South Texas MLS
Mls ID: #466461