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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 520 S Chaparral St #402, Corpus Christi, TX, 78401 listed at $245,000 pairs $1,680/mo rent with a $1,199/mo payment. Total monthly income runs $1,680/mo. Return on cash invested measures 18.99% in year one, and rental yield registers 8.23% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 99.14% and total cumulative return in cash totals $80,520. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,680/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1956
1,398 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78401, Corpus Christi, TX area.
| 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 |
Residential
1,762
Single Family
699
Multi-Family
1,063
Businesses
1,180
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: Aurora Anne Salinas • Salinas Realty
Mls Name: South Texas MLS
Mls ID: #464655
