4049 Iturbide StCorpus ChristiTX78405
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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 4049 Iturbide St, Corpus Christi, TX, 78405 with 5% annual appreciation on a $164,000 basis while $1,574/mo rent supports operations. Total monthly income totals $1,574/mo and a $803/mo payment preserves $407/mo for cash returns. Annual cash flow comes to $4,890/yr on $54,366 deployed, and return on cash invested reaches 28.9% in year one. Equity gained on principal adds $1,058/yr, and five-year appreciation sums $45,310 alongside rental yield of 11.52%. Five-year ROI measures 152.32% and total cumulative return in cash totals $82,809.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,574/mo property income versus a $803/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
4,055 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: Punky Juarez • Pride Realty Group
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #434642
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.