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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Corpus Christi at 2205 Gershwin Ln, Corpus Christi, TX, 78414 with 5% annual appreciation on a $288,500 basis while $2,640/mo rent supports operations. Total monthly income totals $2,640/mo and a $1,412/mo payment preserves $588/mo for cash returns. Annual cash flow comes to $7,062/yr on $95,638 deployed, and return on cash invested reaches 27.29% in year one. Equity gained on principal adds $1,862/yr, and five-year appreciation sums $79,707 alongside rental yield of 10.98%. Five-year ROI measures 143.66% and total cumulative return in cash totals $137,389.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,640/mo property income versus a $1,412/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1993
6,634 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78414, Corpus Christi, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,057 (100%) |
| Owner Occupied HU | 12,542 (59.6%) |
| Renter Occupied HU | 6,771 (32.2%) |
| Vacant Housing Units | 1,744 ( 8.3%) |
| Median Home Value | $297,392 |
| Average Home Value | $330,943 |
Residential
20,580
Single Family
14,776
Multi-Family
5,804
Businesses
489
Date | Event | Price |
|---|---|---|
| 2025-04-03 | Listed for sale | $288,500 |
| 2018-03-27 | Listing removed | $188,900 |
| 2018-03-01 | Listed for sale | $188,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-03 | $4239.50 | 11.27% | $262,693 | 10.00% |
| 2023-04-03 | $3810.09 | -17.16% | $238,812 | 10.00% |
| 2022-04-03 | $4599.37 | 0.31% | $217,102 | 8.03% |
Listed by: Jacqueline O'Neill • Corpus Christi Realty Group
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #456366
Disclaimer: Based on information from South Texas MLS, LLC as of 2025-04-03 08:56:53 PDT. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.
