5301 Northgate CirCorpus ChristiTX78413
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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 5301 Northgate Cir, Corpus Christi, TX, 78413 generates $1,503/mo in rent and, after a $942/mo payment, leaves $134/mo in cash flow. Total monthly income is $1,503/mo, and annual cash flow is $1,611/yr on $63,814 invested. Return on cash invested sits at 22.43% in year one, and rental yield is 9.37% on a $192,500 entry. Equity gained on principal adds $1,242/yr, while 5% annual appreciation builds toward $53,184 over five years. Five-year ROI reaches 117.65% and total cumulative return in cash sums $75,077. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,503/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78413, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,511 (100%) |
| Owner Occupied HU | 8,723 (56.2%) |
| Renter Occupied HU | 5,532 (35.7%) |
| Vacant Housing Units | 1,256 ( 8.1%) |
| Median Home Value | $260,890 |
| Average Home Value | $302,226 |
Housing Distribution
Address Breakdown
Residential
14,956
Single Family
10,033
Multi-Family
4,923
Businesses
849
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Listed by: Adrian Yanez • RE/MAX Professionals
Mls Name: South Texas MLS
Mls ID: #470272