4642 Franklin DrCorpus ChristiTX78415
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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 4642 Franklin Dr, Corpus Christi, TX, 78415 earns $1,048/mo cash flow from $1,928/mo rent with a $563/mo payment. Total monthly income totals $1,928/mo, and annual cash flow totals $12,576/yr on $38,123 capital. ROI tracks 52.9% on current figures, and rental yield reads 20.12% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 281.62% and total cumulative return in cash sums $107,361. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,928/mo property income instead of your personal income.
Single Family
Built in 1950
7,701 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78415, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,293 (100%) |
| Owner Occupied HU | 8,499 (52.2%) |
| Renter Occupied HU | 5,836 (35.8%) |
| Vacant Housing Units | 1,958 (12.0%) |
| Median Home Value | $162,838 |
| Average Home Value | $239,827 |
Housing Distribution
Address Breakdown
Residential
14,632
Single Family
12,464
Multi-Family
2,168
Businesses
1,119
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Listed by: Jorge Gonzalez • DH Realty Partners Inc
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #449983
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.