512 14th StCorpus ChristiTX78401
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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 512 14th St, Corpus Christi, TX, 78401 offers a 9.9% rental yield on a $135,000 purchase with $1,114/mo rent. Total monthly income registers $1,114/mo, and a $661/mo payment leaves $154/mo available for distribution. Annual cash flow reaches $1,845/yr on $44,753 to close, and return on cash invested stands at 24.03% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 126.16% and total cumulative return in cash at $56,461. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,114/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78401, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,066 (100%) |
| Owner Occupied HU | 320 (15.5%) |
| Renter Occupied HU | 1,244 (60.2%) |
| Vacant Housing Units | 502 (24.3%) |
| Median Home Value | $163,415 |
| Average Home Value | $278,161 |
Housing Distribution
Address Breakdown
Residential
1,762
Single Family
699
Multi-Family
1,063
Businesses
1,180
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Listed by: Amanda Sanchez • CORE Coastal Realty
Mls Name: South Texas MLS
Mls ID: #470692