214 Oak Ridge DrCorpus ChristiTX78418
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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 214 Oak Ridge Dr, Corpus Christi, TX, 78418 priced at $268,000 pairs $1,973/mo rent with $67/mo cash flow after a $1,312/mo payment. Total monthly income equals $1,973/mo, and annual cash flow comes to $803/yr on $88,842 invested. Return on cash invested is 20.81% in year one, and rental yield stands at 8.83% on a $268,000 basis. Equity gained on principal adds $1,729/yr, and 5% annual appreciation accumulates to $74,043 by year five. Five-year ROI measures 108.9% and total cumulative return in cash reaches $96,753. For financing, Ziffy Mortgage’s DSCR program evaluates $1,973/mo property income against a $1,312/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
10,781 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78418, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,925 (100%) |
| Owner Occupied HU | 9,132 (54.0%) |
| Renter Occupied HU | 4,073 (24.1%) |
| Vacant Housing Units | 3,720 (22.0%) |
| Median Home Value | $357,827 |
| Average Home Value | $408,375 |
Housing Distribution
Address Breakdown
Residential
15,824
Single Family
13,764
Multi-Family
2,060
Businesses
633
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Listed by: Debra Brock • Rev Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #45298487
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