6705 EarnhartCorpus ChristiTX78414
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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
Investment property for sale in Corpus Christi at 6705 Earnhart, Corpus Christi, TX, 78414 with 5% annual appreciation on a $280,000 basis while $4,020/mo rent supports operations. Total monthly income totals $4,020/mo and a $1,370/mo payment preserves $2,029/mo for cash returns. Annual cash flow comes to $24,352/yr on $92,820 deployed, and return on cash invested reaches 46.14% in year one. Equity gained on principal adds $1,807/yr, and five-year appreciation sums $77,359 alongside rental yield of 17.23%. Five-year ROI measures 244.77% and total cumulative return in cash totals $227,193.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,020/mo property income versus a $1,370/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2010
6,673 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: Melissa Jones • Coldwell Banker Pacesetter Ste
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #444994
Disclaimer: Based on information from South Texas MLS, LLC as of 2024-02-06 10:12:13 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.