445 Troy DrCorpus ChristiTX78412
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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 445 Troy Dr, Corpus Christi, TX, 78412 priced at $215,000 converts $1,852/mo rent into $323/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,852/mo, and annual cash flow totals $3,881/yr on $71,273 invested. Return on cash invested prints 25.35% in year one, and rental yield reads 10.34% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 133.28% and total cumulative return in cash sums $94,993. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,852/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1955
8,324 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78412, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
16,708
Single Family
10,069
Multi-Family
6,639
Businesses
725
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Listed by: Lauren Hartnett • Green Acres Real Estate
Mls Name: South Texas MLS
Mls ID: #462764