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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% |
Rental property for sale in Corpus Christi at 2674 Excelsior Blvd, Corpus Christi, TX, 78415 priced at $349,900 converts $2,585/mo rent into $76/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,585/mo, and annual cash flow totals $917/yr on $115,992 invested. Return on cash invested prints 20.7% in year one, and rental yield reads 8.87% against a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,671 by year five. Five-year ROI reaches 108.38% and total cumulative return in cash sums $125,706. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,585/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 2023
5,998 sqft lot
$N/A/sqft
$240 annually 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 |
|---|---|---|
| 2024-07-30 | Listed for sale | $349,900 |
| 2023-09-27 | Listing removed | N/A |
| 2023-09-17 | Pending sale | $319,040 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $805.76 | N/A | $34,560 | N/A |
Listed by: Rose Cavada Navalta • ATC Metro Properties
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #445037
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.
