5 Townhouse Ln #Z5Corpus ChristiTX78412
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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 5 Townhouse Ln #Z5, Corpus Christi, TX, 78412 priced at $230,000 converts $1,920/mo rent into $284/mo cash flow after a $1,126/mo obligation. Total monthly income equals $1,920/mo, and annual cash flow totals $3,410/yr on $76,245 invested. Return on cash invested prints 24.38% in year one, and rental yield reads 10.02% against a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,545 by year five. Five-year ROI reaches 128.09% and total cumulative return in cash sums $97,663. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,920/mo property income covering a $1,126/mo payment, not borrower’s personal income.
Townhouse
Built in 1967
4,774 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78412, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,290 (100%) |
| Owner Occupied HU | 6,831 (39.5%) |
| Renter Occupied HU | 8,750 (50.6%) |
| Vacant Housing Units | 1,709 ( 9.9%) |
| Median Home Value | $228,697 |
| Average Home Value | $296,194 |
Housing Distribution
Address Breakdown
Residential
16,708
Single Family
10,069
Multi-Family
6,639
Businesses
725
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Listed by: Jason Hall • Realty United
Mls Name: South Texas MLS
Mls ID: #470588