813 Mariana DrCorpus ChristiTX78418
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 813 Mariana Dr, Corpus Christi, TX, 78418 with 5% annual appreciation on a $195,000 basis while $3,142/mo rent supports operations. Total monthly income totals $3,142/mo and a $954/mo payment preserves $1,756/mo for cash returns. Annual cash flow comes to $21,069/yr on $64,643 deployed, and return on cash invested reaches 52.5% in year one. Equity gained on principal adds $1,258/yr, and five-year appreciation sums $53,875 alongside rental yield of 19.34%. Five-year ROI measures 278.86% and total cumulative return in cash totals $180,262.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,142/mo property income versus a $954/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1995
6,003 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78418, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,925 (100%) |
| Owner Occupied HU | 9,132 (54.0%) |
| Renter Occupied HU | 4,073 (24.1%) |
| Vacant Housing Units | 3,720 (22.0%) |
| Median Home Value | $357,827 |
| Average Home Value | $408,375 |
Housing Distribution
Address Breakdown
Residential
15,824
Single Family
13,764
Multi-Family
2,060
Businesses
633
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Donald Ray Girdy • KM Premier Real Estate
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #445083
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.