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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Total monthly income runs $2,942/mo, and a $2,080/mo payment. Purchase price stands at $425,000, and rental yield measures 8.31% with $2,942/mo rent. Return on cash invested shows 18.45% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 96.51% and total cumulative return in cash records $135,977. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,942/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1959
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78412, Corpus Christi, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,290 (100%) |
| Owner Occupied HU | 6,831 (39.5%) |
| Renter Occupied HU | 8,750 (50.6%) |
| Vacant Housing Units | 1,709 ( 9.9%) |
| Median Home Value | $228,697 |
| Average Home Value | $296,194 |
Residential
16,708
Single Family
10,069
Multi-Family
6,639
Businesses
725
Date | Event | Price |
|---|---|---|
| 2024-10-17 | Listed for sale | $425,000 |
| 2022-05-10 | Sold | N/A |
| 2022-03-31 | Pending sale | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-24 | $8147.53 | 726.45% | $382,285 | 26.95% |
| 2022-10-24 | $985.85 | 0.01% | $301,136 | 9.23% |
| 2021-10-24 | $985.72 | 1.92% | $275,683 | 8.41% |
Listed by: Devante Boll • KM Premier Real Estate
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #449586
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.
