901 N Upper Broadway St APT 201Corpus ChristiTX78401
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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
Rental property for sale in Corpus Christi at 901 N Upper Broadway St APT 201, Corpus Christi, TX, 78401 generates $2,508/mo in rent and, after a $1,459/mo payment, leaves $388/mo in cash flow. Total monthly income is $2,508/mo, and annual cash flow is $4,661/yr on $98,787 invested. Return on cash invested sits at 24.63% in year one, and rental yield is 10.1% on a $298,000 entry. Equity gained on principal adds $1,923/yr, while 5% annual appreciation builds toward $82,332 over five years. Five-year ROI reaches 129.39% and total cumulative return in cash sums $127,820. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,508/mo property income rather than buyer’s personal income.
Condo
Built in 2009
1,189 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78401, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,762
Single Family
699
Multi-Family
1,063
Businesses
1,180
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Listed by: Jo Ann Casas • eXp Realty LLC
Mls Name: South Texas MLS
Mls ID: #469513