3937 Freds Folly DrCorpus ChristiTX78414
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3937 Freds Folly Dr, Corpus Christi, TX, 78414 uses $96,102 cash to close to unlock $5,093/yr annual cash flow and $424/mo monthly cash flow. Total monthly income runs $2,486/mo, and a $1,419/mo payment keeps the spread at $424/mo. Purchase price stands at $289,900, and rental yield measures 10.29% with $2,486/mo rent. Return on cash invested shows 25.21% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 132.49% and total cumulative return in cash records $127,329. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,486/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 2010
5,223 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78414, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
20,580
Single Family
14,776
Multi-Family
5,804
Businesses
489
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nhieu Bo • KM Premier Real Estate
Mls Name: South Texas MLS
Mls ID: #470651