426 Southern StCorpus ChristiTX78404
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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
Rental property for sale in Corpus Christi at 426 Southern St, Corpus Christi, TX, 78404 offers $2,532/mo rent that, after a $1,287/mo payment, leaves $662/mo cash flow. Total monthly income is $2,532/mo, and annual cash flow is $7,944/yr on $87,185 cash. Return on cash invested measures 29.02% in year one, and rental yield stands at 11.55% at a $263,000 entry. Equity gained on principal adds $1,697/yr while 5% annual appreciation compounds into $72,662 by year five. Five-year ROI records 152.97% and total cumulative return in cash reaches $133,367. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,532/mo property income versus a $1,287/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
10,528 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78404, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,115 (100%) |
| Owner Occupied HU | 3,273 (46.0%) |
| Renter Occupied HU | 2,754 (38.7%) |
| Vacant Housing Units | 1,088 (15.3%) |
| Median Home Value | $192,468 |
| Average Home Value | $279,396 |
Housing Distribution
Address Breakdown
Residential
6,178
Single Family
5,361
Multi-Family
817
Businesses
504
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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