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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% |
Total monthly income runs $927/mo, and a $534/mo payment. Purchase price stands at $109,000, and rental yield measures 10.21% with $927/mo rent. Return on cash invested shows 5.83% in year one, and 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 35.63% and total cumulative return in cash records $12,874. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $927/mo property income covering a $534/mo payment rather than investor’s personal income.
Condo
Built in 1981
928 sqft lot
$N/A/sqft
$480 monthly HOA
Neighborhood data shown for ZIP Code: 78402, Corpus Christi, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 919 (100%) |
| Owner Occupied HU | 150 (16.3%) |
| Renter Occupied HU | 268 (29.2%) |
| Vacant Housing Units | 501 (54.5%) |
| Median Home Value | $381,818 |
| Average Home Value | $398,667 |
Residential
915
Single Family
130
Multi-Family
785
Businesses
66
Date | Event | Price |
|---|---|---|
| 2024-08-10 | Price change | $109,000 |
| 2023-11-17 | Pending sale | $122,900 |
| 2023-09-27 | Price change | $122,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $112,000 | -19.14% |
| 2023-02-13 | $2952.09 | 24.21% | $138,513 | 45.00% |
| 2022-02-13 | $2376.71 | 37.47% | $95,528 | 43.22% |
Listed by: Michelle Berry • RE/MAX ELITE
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #445629
Disclaimer: Based on information from South Texas MLS, LLC as of 2025-02-13 02:55:26 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.
