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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 226 Norton St, Corpus Christi, TX, 78415 at $140,000 posts ROI 57.2% with $1,442/mo cash flow from $2,507/mo rent. Total monthly income equals $2,507/mo, and annual cash flow records $17,306/yr on $46,410 to close. Return on cash invested measures 57.2% and rental yield reads 21.49% at the current $140,000. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 by year five. Five-year ROI prints 304.79% and total cumulative return in cash totals $141,454.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,507/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78415, Corpus Christi, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,293 (100%) |
| Owner Occupied HU | 8,499 (52.2%) |
| Renter Occupied HU | 5,836 (35.8%) |
| Vacant Housing Units | 1,958 (12.0%) |
| Median Home Value | $162,838 |
| Average Home Value | $239,827 |
Residential
14,632
Single Family
12,464
Multi-Family
2,168
Businesses
1,119
Date | Event | Price |
|---|---|---|
| 2024-08-13 | Price change | $140,000 |
| 2024-08-07 | Price change | $159,900 |
| 2024-07-31 | Listed for sale | $169,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $3158.60 | 63.88% | $148,203 | 43.48% |
| 2022-08-31 | $1927.33 | -2.15% | $103,294 | 10.00% |
| 2021-08-31 | $1969.69 | 10.91% | $93,904 | 10.00% |
Listed by: Jenna Davis • Coastline Properties
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #445041
Disclaimer: Based on information from South Texas MLS, LLC as of 2024-02-06 10:12:13 PST. 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.
