2610 Elizabeth StCorpus ChristiTX78404
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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 2610 Elizabeth St, Corpus Christi, TX, 78404 uses $49,692 cash to close to unlock $1,701/yr annual cash flow and $142/mo monthly cash flow. Total monthly income runs $1,208/mo, and a $734/mo payment keeps the spread at $142/mo. Purchase price stands at $149,900, and rental yield measures 9.67% with $1,208/mo rent. Return on cash invested shows 23.33% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 122.41% and total cumulative return in cash records $60,827. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,208/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1955
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78404, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,115 (100%) |
| Owner Occupied HU | 3,273 (46.0%) |
| Renter Occupied HU | 2,754 (38.7%) |
| Vacant Housing Units | 1,088 (15.3%) |
| Median Home Value | $192,468 |
| Average Home Value | $279,396 |
Housing Distribution
Address Breakdown
Residential
6,178
Single Family
5,361
Multi-Family
817
Businesses
504
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Listed by: Ramona Ibarra • Coastal Bend Real Estate
Mls Name: South Texas MLS
Mls ID: #469761