302 Cape Hatteras DrCorpus ChristiTX78412
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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 302 Cape Hatteras Dr, Corpus Christi, TX, 78412 at $559,000 posts ROI 17.61% with from $3,600/mo rent. Total monthly income equals $3,600/mo. Return on cash invested measures 17.61% and rental yield reads 7.73% at the current $559,000. Equity gained on principal adds $3,607/yr, and 5% annual appreciation supports $154,441 by year five. Five-year ROI prints 91.7% and total cumulative return in cash totals $168,651. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,600/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78412, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,290 (100%) |
| Owner Occupied HU | 6,831 (39.5%) |
| Renter Occupied HU | 8,750 (50.6%) |
| Vacant Housing Units | 1,709 ( 9.9%) |
| Median Home Value | $228,697 |
| Average Home Value | $296,194 |
Housing Distribution
Address Breakdown
Residential
16,708
Single Family
10,069
Multi-Family
6,639
Businesses
725
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Listed by: Donna Byrom • CORE Coastal Realty
Mls Name: South Texas MLS
Mls ID: #465931