2242 Bird Island 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
Investment property for sale in Corpus Christi at 2242 Bird Island Dr, Corpus Christi, TX, 78418 with 5% annual appreciation on a $355,000 basis while $3,070/mo rent supports operations. Total monthly income totals $3,070/mo and a $1,738/mo payment preserves $545/mo for cash returns. Annual cash flow comes to $6,541/yr on $117,683 deployed, and return on cash invested reaches 25.47% in year one. Equity gained on principal adds $2,291/yr, and five-year appreciation sums $98,080 alongside rental yield of 10.38%. Five-year ROI measures 133.9% and total cumulative return in cash totals $157,572.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,070/mo property income versus a $1,738/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1986
6,490 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: Nadine Quintero • Epique Realty LLC
Mls Name: South Texas MLS
Mls ID: #461879