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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% |
Rental property for sale in Corpus Christi at 605 Doddridge St, Corpus Christi, TX, 78411 priced at $160,000 pairs $1,271/mo rent with $133/mo cash flow after a $783/mo payment. Total monthly income equals $1,271/mo, and annual cash flow comes to $1,600/yr on $53,040 invested. Return on cash invested is 22.93% in year one, and rental yield stands at 9.53% on a $160,000 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,205 by year five. Five-year ROI measures 120.3% and total cumulative return in cash reaches $63,806. For financing, Ziffy Mortgage’s DSCR program evaluates $1,271/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1954
7,048 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78411, Corpus Christi, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,289 (100%) |
| Owner Occupied HU | 6,187 (54.8%) |
| Renter Occupied HU | 4,081 (36.2%) |
| Vacant Housing Units | 1,021 ( 9.0%) |
| Median Home Value | $219,845 |
| Average Home Value | $291,275 |
Residential
10,860
Single Family
8,882
Multi-Family
1,978
Businesses
1,692
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: Timothy Grace • Life is Good Real Estate
Mls Name: South Texas MLS
Mls ID: #467353
