7437 Lake Neuchatel DrCorpus 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 7437 Lake Neuchatel Dr, Corpus Christi, TX, 78413 offers a 6.38% rental yield on a $389,500 purchase with $2,070/mo rent. 41% in year one. Equity gained on principal adds $2,513/yr while 5% annual appreciation supports $107,612 over five years. Portfolio math shows five-year ROI at 69.19% and total cumulative return in cash at $89,335. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,070/mo property income against a $1,906/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
7,427 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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Listed by: Zoe Gottlich • Coldwell Banker Pacesetter Ste
Mls Name: South Texas MLS
Mls ID: #465332