46 Great Lakes 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
Rental property for sale in Corpus Christi at 46 Great Lakes Dr, Corpus Christi, TX, 78413 priced at $555,000 converts $2,070/mo rent into after a $2,716/mo obligation. Total monthly income equals $2,070/mo. Return on cash invested prints 7.73% in year one, and rental yield reads 4.48% against a $555,000 entry. Equity gained on principal adds $3,581/yr, while 5% annual appreciation compiles into $153,336 by year five. Five-year ROI reaches 38.71% and total cumulative return in cash sums $70,676. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,070/mo property income covering a $2,716/mo payment, not borrower’s personal income.
Single Family
Built in 2004
10,860 sqft lot
$N/A/sqft
No 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: Amanda Sanchez • CORE Coastal Realty
Mls Name: South Texas MLS
Mls ID: #470369