6501 Paddington DrCorpus ChristiTX78414
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Corpus Christi at 6501 Paddington Dr, Corpus Christi, TX, 78414 earns $116/mo cash flow from $2,747/mo rent with a $1,811/mo payment. Total monthly income totals $2,747/mo, and annual cash flow totals $1,390/yr on $122,655 capital. ROI tracks 21.04% on current figures, and rental yield reads 8.91% at a $369,999 purchase. Equity gained on principal adds $2,388/yr, and 5% annual appreciation supports $102,224 over five years. Five-year ROI reaches 110.13% and total cumulative return in cash sums $135,077. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,747/mo property income instead of your personal income.
Single Family
Built in 2018
6,799 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: Devante Boll • Costa Sur Real Estate
Mls Name: South Texas MLS
Mls ID: #470169