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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% |
Investment property for sale in Corpus Christi at 4937 Jo Ann St, Corpus Christi, TX, 78415 offers a 9.14% rental yield on a $190,000 purchase with $1,447/mo rent. Total monthly income registers $1,447/mo, and a $930/mo payment leaves $96/mo available for distribution. Annual cash flow reaches $1,150/yr on $62,985 to close, and return on cash invested stands at 21.73% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 113.84% and total cumulative return in cash at $71,700. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,447/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
7,645 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78415, Corpus Christi, TX area.
| 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 |
Residential
14,632
Single Family
12,464
Multi-Family
2,168
Businesses
1,119
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Carter Anderson • South Coast Real Estate
Mls Name: South Texas MLS
Mls ID: #464090
