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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 3014 Quail Springs Rd APT D5, Corpus Christi, TX, 78414 priced at $149,500 converts $2,174/mo rent into $753/mo cash flow after a $732/mo obligation. Total monthly income equals $2,174/mo, and annual cash flow totals $9,034/yr on $49,559 invested. Return on cash invested prints 38.14% in year one, and rental yield reads 17.45% against a $149,500 entry. Equity gained on principal adds $965/yr, while 5% annual appreciation compiles into $41,304 by year five. Five-year ROI reaches 204.95% and total cumulative return in cash sums $101,573. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,174/mo property income covering a $732/mo payment, not borrower’s personal income.
Townhouse
Built in 1986
3,136 sqft lot
$N/A/sqft
$320 monthly HOA
Neighborhood data shown for ZIP Code: 78414, Corpus Christi, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,057 (100%) |
| Owner Occupied HU | 12,542 (59.6%) |
| Renter Occupied HU | 6,771 (32.2%) |
| Vacant Housing Units | 1,744 ( 8.3%) |
| Median Home Value | $297,392 |
| Average Home Value | $330,943 |
Residential
20,580
Single Family
14,776
Multi-Family
5,804
Businesses
489
Date | Event | Price |
|---|---|---|
| 2024-08-16 | Listed for sale | $149,500 |
| 2013-07-13 | Listing removed | $78,500 |
| 2013-07-03 | Pending sale | $78,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $2934.09 | -7.84% | $137,669 | 7.58% |
| 2022-08-31 | $3183.71 | 5.91% | $127,964 | 10.35% |
| 2021-08-31 | $3005.92 | 18.37% | $115,967 | 19.40% |
Listed by: Lauren De La Garza • KM Premier Real Estate
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #445927
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.
