1917 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
Investment property for sale in Corpus Christi at 1917 Kentucky Derby Dr, Corpus Christi, TX, 78417 listed at $274,695 pairs $2,027/mo rent with a $1,345/mo payment to leave $74/mo cash flow. Total monthly income runs $2,027/mo, and annual cash flow reaches $889/yr on $91,061 cash to close. Return on cash invested measures 20.89% in year one, and rental yield registers 8.85% at a $274,695 basis. Equity gained on principal adds $1,773/yr, and annual property appreciation at 5% supports $75,893 by year five. Five-year ROI tracks 109.32% and total cumulative return in cash totals $99,551. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,027/mo property income relative to a $1,345/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
7,052 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: Jose Recio • Compass RE Texas, LLC.
Mls Name: South Texas MLS
Mls ID: #465576