2617 David StCorpus ChristiTX78405
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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 2617 David St, Corpus Christi, TX, 78405 offers a 9.01% rental yield on a $100,000 purchase with $751/mo rent. Total monthly income registers $751/mo, and a $489/mo payment leaves $40/mo available for distribution. Annual cash flow reaches $484/yr on $33,150 to close, and return on cash invested stands at 21.37% in year one. Equity gained on principal adds $645/yr while 5% annual appreciation supports $27,628 over five years. Portfolio math shows five-year ROI at 111.98% and total cumulative return in cash at $37,120. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $751/mo property income against a $489/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78405, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,649 (100%) |
| Owner Occupied HU | 2,567 (45.4%) |
| Renter Occupied HU | 2,214 (39.2%) |
| Vacant Housing Units | 868 (15.4%) |
| Median Home Value | $79,776 |
| Average Home Value | $170,461 |
Housing Distribution
Address Breakdown
Residential
5,135
Single Family
4,569
Multi-Family
566
Businesses
748
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Listed by: Seth Howk • Keller Williams Coastal Bend
Mls Name: South Texas MLS
Mls ID: #466715