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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% |
Rental property for sale in Corpus Christi at 515 Vaky St, Corpus Christi, TX, 78404 priced at $225,000 pairs $1,886/mo rent with $286/mo cash flow after a $1,101/mo payment. Total monthly income equals $1,886/mo, and annual cash flow comes to $3,435/yr on $74,588 invested. Return on cash invested is 24.51% in year one, and rental yield stands at 10.06% on a $225,000 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,163 by year five. Five-year ROI measures 128.78% and total cumulative return in cash reaches $96,057. For financing, Ziffy Mortgage’s DSCR program evaluates $1,886/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
10,010 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78404, Corpus Christi, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,115 (100%) |
| Owner Occupied HU | 3,273 (46.0%) |
| Renter Occupied HU | 2,754 (38.7%) |
| Vacant Housing Units | 1,088 (15.3%) |
| Median Home Value | $192,468 |
| Average Home Value | $279,396 |
Residential
6,178
Single Family
5,361
Multi-Family
817
Businesses
504
Date | Event | Price |
|---|---|---|
| 2024-12-17 | Listed for sale | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $200,698 | 10.00% |
| 2023-02-13 | $696.45 | -39.81% | $182,453 | 10.00% |
| 2022-02-13 | $1157.01 | 0.36% | $165,866 | 8.40% |
Listed by: Gregory Graham • Graham&Company Realty Group
Mls Name: HAR
Mls Provider:
Mls ID: #483493
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