3214 Olsen DrCorpus ChristiTX78411
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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
Rental property for sale in Corpus Christi at 3214 Olsen Dr, Corpus Christi, TX, 78411 priced at $122,900 pairs $982/mo rent with $108/mo cash flow after a $602/mo payment. Total monthly income equals $982/mo, and annual cash flow comes to $1,291/yr on $40,741 invested. Return on cash invested is 23.08% in year one, and rental yield stands at 9.59% on a $122,900 basis. Equity gained on principal adds $793/yr, and 5% annual appreciation accumulates to $33,955 by year five. Five-year ROI measures 121.1% and total cumulative return in cash reaches $49,338. For financing, Ziffy Mortgage’s DSCR program evaluates $982/mo property income against a $602/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1951
10,715 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78411, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,289 (100%) |
| Owner Occupied HU | 6,187 (54.8%) |
| Renter Occupied HU | 4,081 (36.2%) |
| Vacant Housing Units | 1,021 ( 9.0%) |
| Median Home Value | $219,845 |
| Average Home Value | $291,275 |
Housing Distribution
Address Breakdown
Residential
10,860
Single Family
8,882
Multi-Family
1,978
Businesses
1,692
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Listed by: Greg Graham • Graham & Co Realty Group
Mls Name: NTREIS
Mls ID: #20771124
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.