6049 Ocean DrCorpus ChristiTX78412
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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
Total monthly income runs $2,430/mo, and a $4,772/mo payment. Purchase price stands at $975,000, and rental yield measures 2.99% with $2,430/mo rent. Return on cash invested shows 3.21% in year one, and 5% annual appreciation builds toward $269,375 over five years. Five-year ROI reaches 14.49% and total cumulative return in cash records $46,491. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,430/mo property income covering a $4,772/mo payment rather than investor’s personal income.
Single Family
Built in 2001
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78412, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,290 (100%) |
| Owner Occupied HU | 6,831 (39.5%) |
| Renter Occupied HU | 8,750 (50.6%) |
| Vacant Housing Units | 1,709 ( 9.9%) |
| Median Home Value | $228,697 |
| Average Home Value | $296,194 |
Housing Distribution
Address Breakdown
Residential
16,708
Single Family
10,069
Multi-Family
6,639
Businesses
725
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Listed by: Bill Pope • Pope Properties
Mls Name: South Texas MLS
Mls ID: #469767