419 Peerman PlCorpus ChristiTX78411
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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 419 Peerman Pl, Corpus Christi, TX, 78411 at $431,400 posts ROI 21.1% with $142/mo cash flow from $3,209/mo rent. Total monthly income equals $3,209/mo, and annual cash flow records $1,701/yr on $143,009 to close. Return on cash invested measures 21.1% and rental yield reads 8.93% at the current $431,400. Equity gained on principal adds $2,784/yr, and 5% annual appreciation supports $119,188 by year five. Five-year ROI prints 110.43% and total cumulative return in cash totals $157,918.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,209/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1949
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78411, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,289 (100%) |
| Owner Occupied HU | 6,187 (54.8%) |
| Renter Occupied HU | 4,081 (36.2%) |
| Vacant Housing Units | 1,021 ( 9.0%) |
| Median Home Value | $219,845 |
| Average Home Value | $291,275 |
Housing Distribution
Address Breakdown
Residential
10,860
Single Family
8,882
Multi-Family
1,978
Businesses
1,692
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