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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 670 Mohawk St, Corpus Christi, TX, 78405 priced at $135,000 converts $1,188/mo rent into $203/mo cash flow after a $661/mo obligation. Total monthly income equals $1,188/mo, and annual cash flow totals $2,436/yr on $44,753 invested. Return on cash invested prints 25.35% in year one, and rental yield reads 10.56% against a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation compiles into $37,298 by year five. Five-year ROI reaches 133.48% and total cumulative return in cash sums $59,737. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,188/mo property income covering a $661/mo payment, not borrower’s personal income.
Single Family
Built in 1955
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78405, Corpus Christi, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,649 (100%) |
| Owner Occupied HU | 2,567 (45.4%) |
| Renter Occupied HU | 2,214 (39.2%) |
| Vacant Housing Units | 868 (15.4%) |
| Median Home Value | $79,776 |
| Average Home Value | $170,461 |
Residential
5,135
Single Family
4,569
Multi-Family
566
Businesses
748
Date | Event | Price |
|---|---|---|
| 2023-01-02 | Listing removed | N/A |
| 2022-10-10 | Price change | $139,900 |
| 2022-09-19 | Price change | $149,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $119,001 | -0.09% |
| 2023-02-13 | $2538.62 | 4.75% | $119,113 | 22.29% |
| 2022-02-13 | $2423.39 | 23.41% | $97,404 | 28.58% |
Listed by: Bradley Schmidt • The Ron Brown Company
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #440447
Disclaimer: Based on information from South Texas MLS, LLC as of 2025-02-13 04:25:27 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.
