501 Delaine 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 501 Delaine Dr, Corpus Christi, TX, 78411 at $309,900 posts ROI 47.51% with $2,363/mo cash flow from $4,567/mo rent. Total monthly income equals $4,567/mo, and annual cash flow records $28,357/yr on $102,732 to close. Return on cash invested measures 47.51% and rental yield reads 17.68% at the current $309,900. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,620 by year five. Five-year ROI prints 252.12% and total cumulative return in cash totals $259,008.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,567/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1953
8,812 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: Patrick Waters • Amy Willis & Associates, LLC
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #443978
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.