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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 $1,987/mo, and a $2,569/mo payment. Purchase price stands at $524,900, and rental yield measures 4.54% with $1,987/mo rent. Return on cash invested shows -5.64% in year one, and 5% annual appreciation builds toward $145,020 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,987/mo property income covering a $2,569/mo payment rather than investor’s personal income.
Condo
Built in 1983
1,577 sqft lot
$N/A/sqft
$1,953 monthly 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 |
|---|---|---|
| 2024-08-19 | Listing removed | N/A |
| 2024-08-19 | Price change | $524,900 |
| 2024-08-08 | Listed for rent | $2,800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-23 | $6522.95 | 67.75% | $403,377 | 2.16% |
| 2022-10-23 | $3888.58 | 1.08% | $394,857 | 10.00% |
| 2021-10-23 | $3847.08 | 2.87% | $358,961 | 10.00% |
Listed by: Zoe Gottlich • Coldwell Banker Pacesetter Ste
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #440619
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.
