4625 Mildred DrCorpus ChristiTX78411
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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 4625 Mildred Dr, Corpus Christi, TX, 78411 uses $46,410 cash to close to unlock $6,548/yr annual cash flow and $546/mo monthly cash flow. Total monthly income runs $1,541/mo, and a $685/mo payment keeps the spread at $546/mo. Purchase price stands at $140,000, and rental yield measures 13.21% with $1,541/mo rent. Return on cash invested shows 34.02% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 179.75% and total cumulative return in cash records $83,422. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,541/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1956
6,299 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78411, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,289 (100%) |
| Owner Occupied HU | 6,187 (54.8%) |
| Renter Occupied HU | 4,081 (36.2%) |
| Vacant Housing Units | 1,021 ( 9.0%) |
| Median Home Value | $219,845 |
| Average Home Value | $291,275 |
Housing Distribution
Address Breakdown
Residential
10,860
Single Family
8,882
Multi-Family
1,978
Businesses
1,692
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Listed by: Yvonne Venegas • Uptown Properties PLLC
Mls Name: South Texas MLS
Mls ID: #458687