2994 Main St, Ingleside, TX, 78362 | 4.95% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

2994 Main St, Ingleside, TX, 78362 | 4.95% Rental Yield | Ziffy

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
858 sft

4825 Ingram Dr, Corpus Christi, TX, 78415

2 Bed
1 Bath
768 sft

1334 Clare Dr, Corpus Christi, TX, 78412

2 Bed
2 Bath
1171 sft

423 Glenmore St, Corpus Christi, TX, 78412

2 Bed
2 Bath
1265 sft

405 Stages Dr, Corpus Christi, TX, 78412

Nearby investment properties with comparable prices

4 Bed
3 Bath
2314 sft

242 Montclair Dr, Corpus Christi, TX, 78412

4 Bed
4 Bath
2560 sft

1101 6th St, Corpus Christi, TX, 78404

4 Bed
3 Bath
2268 sft

2618 Gentle Wind Ave, Corpus Christi, TX, 78414

4 Bed
2 Bath
2121 sft

1218 Nunavut Dr, Corpus Christi, TX, 78418

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Ingleside at 2994 Main St, Ingleside, TX, 78362 listed at $349,000 pairs $1,440/mo rent with a $1,708/mo payment. Total monthly income runs $1,440/mo. Return on cash invested measures 9.11% in year one, and rental yield registers 4.95% at a $349,000 basis. Equity gained on principal adds $2,252/yr, and annual property appreciation at 5% supports $96,422 by year five. Five-year ROI tracks 46.14% and total cumulative return in cash totals $53,376. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,440/mo property income relative to a $1,708/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Multi Family

Built in 1948

0.79 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to Sunset Village! Discover a rare chance to own a unique multi-family coastal property located at 2994 Main Street in the heart of Ingleside. This property features six individual rental homes, each offering 2 bedrooms and 1 bathroom, making it a versatile and income-producing asset. Five of the cottages are currently occupied and in livable condition, generating steady rental income. One home requires structural repairs and is not occupied at this time, presenting an opportunity for value-add improvements. There is plenty of space as you enter the property to add additional cottages. In addition to the rental units, the property includes a storage barn. With its prime location on Main Street and strong rental demand in Ingleside, this property is an ideal portfolio builder for investors seeking multiple doors on one site. Dont miss this exceptional chance to own a cash-flowing property with both current returns and future upside potential. Coastal investment with room to grow! Close to some of the best fishing spots, eateries, boutiques, and more. Do not walk the property; make an appointment.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78362, Ingleside, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,866 (100%)
Owner Occupied HU	2,688 (55.2%)
Renter Occupied HU	1,371 (28.2%)
Vacant Housing Units	807 (16.6%)
Median Home Value	$233,230
Average Home Value	$265,187