4618 Ramona DrCorpus ChristiTX78416
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 4618 Ramona Dr, Corpus Christi, TX, 78416 earns $85/mo cash flow from $1,002/mo rent with a $631/mo payment. Total monthly income totals $1,002/mo, and annual cash flow totals $1,021/yr on $42,764 capital. ROI tracks 22.3% on current figures, and rental yield reads 9.32% at a $129,000 purchase. Equity gained on principal adds $832/yr, and 5% annual appreciation supports $35,640 over five years. Five-year ROI reaches 116.96% and total cumulative return in cash sums $50,017. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,002/mo property income instead of your personal income.
Single Family
Built in 1900
5,249 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78416, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,227 (100%) |
| Owner Occupied HU | 3,232 (61.8%) |
| Renter Occupied HU | 1,548 (29.6%) |
| Vacant Housing Units | 447 ( 8.6%) |
| Median Home Value | $95,459 |
| Average Home Value | $152,908 |
Housing Distribution
Address Breakdown
Residential
4,821
Single Family
4,570
Multi-Family
251
Businesses
302
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Listed by: Donald Ray Girdy • KM Premier Real Estate
Mls Name: South Texas MLS
Mls ID: #468598