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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 7122 Premont Dr APT B201, Corpus Christi, TX, 78414 earns $663/mo cash flow from $1,819/mo rent with a $553/mo payment. Total monthly income totals $1,819/mo, and annual cash flow totals $7,950/yr on $37,460 capital. ROI tracks 41.13% on current figures, and rental yield reads 19.32% at a $113,000 purchase. Equity gained on principal adds $729/yr, and 5% annual appreciation supports $31,220 over five years. Five-year ROI reaches 222.05% and total cumulative return in cash sums $83,177. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,819/mo property income instead of your personal income.
Condo
Built in 1984
1,773 sqft lot
$N/A/sqft
$353 monthly HOA
Neighborhood data shown for ZIP Code: 78414, Corpus Christi, TX area.
| 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 |
Residential
20,580
Single Family
14,776
Multi-Family
5,804
Businesses
489
Date | Event | Price |
|---|---|---|
| 2024-08-12 | Price change | $113,000 |
| 2024-07-29 | Price change | $120,000 |
| 2024-07-20 | Price change | $129,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tami Ramzinski • Tami Ramzinski, Broker
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #441100
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.
