6754 Mikayla StCorpus ChristiTX78413
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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 6754 Mikayla St, Corpus Christi, TX, 78413 uses $85,958 cash to close to unlock $1,767/yr annual cash flow and $147/mo monthly cash flow. Total monthly income runs $1,991/mo, and a $1,269/mo payment keeps the spread at $147/mo. Purchase price stands at $259,300, and rental yield measures 9.21% with $1,991/mo rent. Return on cash invested shows 21.96% in year one, and 5% annual appreciation builds toward $71,640 over five years. Five-year ROI reaches 115.12% and total cumulative return in cash records $98,954. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,991/mo property income covering a $1,269/mo payment rather than investor’s personal income.
Single Family
Built in 2019
4,051 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78413, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,511 (100%) |
| Owner Occupied HU | 8,723 (56.2%) |
| Renter Occupied HU | 5,532 (35.7%) |
| Vacant Housing Units | 1,256 ( 8.1%) |
| Median Home Value | $260,890 |
| Average Home Value | $302,226 |
Housing Distribution
Address Breakdown
Residential
14,956
Single Family
10,033
Multi-Family
4,923
Businesses
849
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