5613 Les ParreCorpus ChristiTX78414
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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 5613 Les Parre, Corpus Christi, TX, 78414 generates $3,958/mo in rent and, after a $2,210/mo payment, leaves $747/mo in cash flow. Total monthly income is $3,958/mo, and annual cash flow is $8,966/yr on $149,672 invested. Return on cash invested sits at 25.9% in year one, and rental yield is 10.52% on a $451,500 entry. Equity gained on principal adds $2,913/yr, while 5% annual appreciation builds toward $124,741 over five years. Five-year ROI reaches 136.2% and total cumulative return in cash sums $203,853. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,958/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
10,760 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78414, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,057 (100%) |
| Owner Occupied HU | 12,542 (59.6%) |
| Renter Occupied HU | 6,771 (32.2%) |
| Vacant Housing Units | 1,744 ( 8.3%) |
| Median Home Value | $297,392 |
| Average Home Value | $330,943 |
Housing Distribution
Address Breakdown
Residential
20,580
Single Family
14,776
Multi-Family
5,804
Businesses
489
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Listed by: Susan Hays • Red Door Realtors
Mls Name: South Texas MLS
Mls ID: #467267