820 Lantana StCorpus ChristiTX78408
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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 820 Lantana St, Corpus Christi, TX, 78408 earns $79/mo cash flow from $1,182/mo rent with a $759/mo payment. Total monthly income totals $1,182/mo, and annual cash flow totals $953/yr on $51,383 capital. ROI tracks 21.76% on current figures, and rental yield reads 9.15% at a $155,000 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 over five years. Five-year ROI reaches 114.05% and total cumulative return in cash sums $58,600. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,182/mo property income instead of your personal income.
Single Family
Built in 1950
5,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78408, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
4,231
Single Family
3,097
Multi-Family
1,134
Businesses
674
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Listed by: Paula Piper • Piper & Associates Real Estate
Mls Name: South Texas MLS
Mls ID: #467294