4009 Sweet Bay DrCorpus ChristiTX78418
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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 4009 Sweet Bay Dr, Corpus Christi, TX, 78418 uses $33,150 cash to close to unlock $4,276/yr annual cash flow and $356/mo monthly cash flow. Total monthly income runs $1,067/mo, and a $489/mo payment keeps the spread at $356/mo. Purchase price stands at $100,000, and rental yield measures 12.8% with $1,067/mo rent. Return on cash invested shows 32.81% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 173.3% and total cumulative return in cash records $57,448. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,067/mo property income covering a $489/mo payment rather than investor’s personal income.
Single Family
Built in 1963
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78418, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,925 (100%) |
| Owner Occupied HU | 9,132 (54.0%) |
| Renter Occupied HU | 4,073 (24.1%) |
| Vacant Housing Units | 3,720 (22.0%) |
| Median Home Value | $357,827 |
| Average Home Value | $408,375 |
Housing Distribution
Address Breakdown
Residential
15,824
Single Family
13,764
Multi-Family
2,060
Businesses
633
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Listed by: Cigdem Zambrano • BK Real Estate
Mls Name: South Texas MLS
Mls ID: #468114