4329 Lake Ontario DrCorpus ChristiTX78413
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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 4329 Lake Ontario Dr, Corpus Christi, TX, 78413 at $579,000 posts ROI 26.82% with $1,072/mo cash flow from $5,244/mo rent. Total monthly income equals $5,244/mo, and annual cash flow records $12,869/yr on $190,491 to close. Return on cash invested measures 26.82% and rental yield reads 10.87% at the current $579,000. Equity gained on principal adds $3,736/yr, and 5% annual appreciation supports $159,967 by year five. Five-year ROI prints 141.21% and total cumulative return in cash totals $268,987.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,244/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1995
10,690 sqft lot
$N/A/sqft
$650 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78413, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,511 (100%) |
| Owner Occupied HU | 8,723 (56.2%) |
| Renter Occupied HU | 5,532 (35.7%) |
| Vacant Housing Units | 1,256 ( 8.1%) |
| Median Home Value | $260,890 |
| Average Home Value | $302,226 |
Housing Distribution
Address Breakdown
Residential
14,956
Single Family
10,033
Multi-Family
4,923
Businesses
849
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Listed by: Julie Strayer • Keller Williams Coastal Bend
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #443971
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.