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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% |
Investment property for sale in Corpus Christi at 650 McClendon St, Corpus Christi, TX, 78404 with 5% annual appreciation on a $238,000 basis while $1,846/mo rent supports operations. Total monthly income totals $1,846/mo and a $1,165/mo payment preserves $153/mo for cash returns. Annual cash flow comes to $1,841/yr on $78,897 deployed, and return on cash invested reaches 22.24% in year one. Equity gained on principal adds $1,536/yr, and five-year appreciation sums $65,755 alongside rental yield of 9.31%. Five-year ROI measures 116.6% and total cumulative return in cash totals $91,990.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,846/mo property income versus a $1,165/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
9,884 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78404, Corpus Christi, TX area.
| 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 |
Residential
6,178
Single Family
5,361
Multi-Family
817
Businesses
504
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: Klajdi Kamenica • Keller Williams Coastal Bend
Mls Name: South Texas MLS
Mls ID: #467520
