524 Del Mar BlvdCorpus ChristiTX78404
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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 524 Del Mar Blvd, Corpus Christi, TX, 78404 generates $2,741/mo in rent and, after a $1,860/mo payment, leaves $39/mo in cash flow. Total monthly income is $2,741/mo, and annual cash flow is $464/yr on $125,970 invested. Return on cash invested sits at 20.28% in year one, and rental yield is 8.66% on a $380,000 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 106.03% and total cumulative return in cash sums $133,561. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,741/mo property income rather than buyer’s personal income.
Single Family
Built in 1935
9,657 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78404, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
6,178
Single Family
5,361
Multi-Family
817
Businesses
504
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Listed by: Sheila Knott • Better Homes & Gardens Real Estate Winans
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #462898
Disclaimer: Based on information from South Texas MLS, LLC as of 2025-08-04 05:51:18 PDT. 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.