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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 721 Savage Ln, Corpus Christi, TX, 78408 priced at $115,000 converts $1,788/mo rent into $970/mo cash flow after a $563/mo obligation. Total monthly income equals $1,788/mo, and annual cash flow totals $11,641/yr on $38,123 invested. Return on cash invested prints 50.44% in year one, and rental yield reads 18.66% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 267.93% and total cumulative return in cash sums $102,141. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,788/mo property income covering a $563/mo payment, not borrower’s personal income.
Multi Family
Built in 1952
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78408, Corpus Christi, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,587 (100%) |
| Owner Occupied HU | 1,883 (41.1%) |
| Renter Occupied HU | 2,017 (44.0%) |
| Vacant Housing Units | 687 (15.0%) |
| Median Home Value | $94,397 |
| Average Home Value | $139,538 |
Residential
4,231
Single Family
3,097
Multi-Family
1,134
Businesses
674
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Norma Vega • Texas Premier Realty
Mls Name: South Texas MLS
Mls ID: #468690
