208 Circle DrCorpus ChristiTX78411
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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 208 Circle Dr, Corpus Christi, TX, 78411 uses $99,450 cash to close to unlock $11,664/yr annual cash flow and $972/mo monthly cash flow. Total monthly income runs $3,105/mo, and a $1,468/mo payment keeps the spread at $972/mo. Purchase price stands at $300,000, and rental yield measures 12.42% with $3,105/mo rent. Return on cash invested shows 31.64% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 166.94% and total cumulative return in cash records $166,020. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,105/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1974
7,139 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78411, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,289 (100%) |
| Owner Occupied HU | 6,187 (54.8%) |
| Renter Occupied HU | 4,081 (36.2%) |
| Vacant Housing Units | 1,021 ( 9.0%) |
| Median Home Value | $219,845 |
| Average Home Value | $291,275 |
Housing Distribution
Address Breakdown
Residential
10,860
Single Family
8,882
Multi-Family
1,978
Businesses
1,692
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Listed by: Maire Bustamante • Luxe Realty Group
Mls Name: South Texas MLS
Mls ID: #469659