218 W Longview StCorpus ChristiTX78408
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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 218 W Longview St, Corpus Christi, TX, 78408 with 5% annual appreciation on a $115,000 basis while $895/mo rent supports operations. Total monthly income totals $895/mo and a $563/mo payment preserves $77/mo for cash returns. Annual cash flow comes to $925/yr on $38,123 deployed, and return on cash invested reaches 22.34% in year one. Equity gained on principal adds $742/yr, and five-year appreciation sums $31,772 alongside rental yield of 9.34%. Five-year ROI measures 117.18% and total cumulative return in cash totals $44,673.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $895/mo property income versus a $563/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1947
5,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78408, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,587 (100%) |
| Owner Occupied HU | 1,883 (41.1%) |
| Renter Occupied HU | 2,017 (44.0%) |
| Vacant Housing Units | 687 (15.0%) |
| Median Home Value | $94,397 |
| Average Home Value | $139,538 |
Housing Distribution
Address Breakdown
Residential
4,231
Single Family
3,097
Multi-Family
1,134
Businesses
674
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Listed by: Steven Bernal • Corpus Christi Realty Group
Mls Name: South Texas MLS
Mls ID: #464323