420 Delaine DrCorpus 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
Rental property for sale in Corpus Christi at 420 Delaine Dr, Corpus Christi, TX, 78411 generates $2,264/mo in rent and, after a $636/mo payment, leaves $747/mo in cash flow. Total monthly income is $2,264/mo, and annual cash flow is $8,962/yr on $43,095 invested. Return on cash invested sits at 40.7% in year one, and rental yield is 20.9% on a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 221.54% and total cumulative return in cash sums $95,475. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,264/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
9,670 sqft 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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