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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% |
Total monthly income runs $1,680/mo, and a $930/mo payment. Purchase price stands at $189,999, and rental yield measures 10.61% with $1,680/mo rent. Return on cash invested shows 7.39% in year one, and 5% annual appreciation builds toward $52,493 over five years. Five-year ROI reaches 43.74% and total cumulative return in cash records $27,552. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,680/mo property income covering a $930/mo payment rather than investor’s personal income.
Condo
Built in 1965
1,259 sqft lot
$N/A/sqft
$986 monthly HOA
Neighborhood data shown for ZIP Code: 78401, Corpus Christi, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,066 (100%) |
| Owner Occupied HU | 320 (15.5%) |
| Renter Occupied HU | 1,244 (60.2%) |
| Vacant Housing Units | 502 (24.3%) |
| Median Home Value | $163,415 |
| Average Home Value | $278,161 |
Residential
1,762
Single Family
699
Multi-Family
1,063
Businesses
1,180
Date | Event | Price |
|---|---|---|
| 2024-09-09 | Price change | $189,999 |
| 2024-05-06 | Listed for sale | $194,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Brad N. Padgett • Summer Port Realty
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #441248
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.
