4046 Santa Elena StCorpus ChristiTX78405
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 4046 Santa Elena St, Corpus Christi, TX, 78405 at $197,900 posts ROI 22.95% with $166/mo cash flow from $1,574/mo rent. Total monthly income equals $1,574/mo, and annual cash flow records $1,996/yr on $65,604 to close. Return on cash invested measures 22.95% and rental yield reads 9.54% at the current $197,900. Equity gained on principal adds $1,277/yr, and 5% annual appreciation supports $54,676 by year five. Five-year ROI prints 120.41% and total cumulative return in cash totals $78,993.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,574/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
4,408 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78405, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,649 (100%) |
| Owner Occupied HU | 2,567 (45.4%) |
| Renter Occupied HU | 2,214 (39.2%) |
| Vacant Housing Units | 868 (15.4%) |
| Median Home Value | $79,776 |
| Average Home Value | $170,461 |
Housing Distribution
Address Breakdown
Residential
5,135
Single Family
4,569
Multi-Family
566
Businesses
748
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Listed by: Christopher McMillan • Christopher McMillan, Broker
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #445899
Disclaimer: Based on information from South Texas MLS, LLC as of 2024-02-06 10:12:13 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.