9038 Stock DrCorpus ChristiTX78406
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 9038 Stock Dr, Corpus Christi, TX, 78406 offers a 12.26% rental yield on a $102,000 purchase with $1,042/mo rent. Total monthly income registers $1,042/mo, and a $499/mo payment leaves $317/mo available for distribution. Annual cash flow reaches $3,803/yr on $33,813 to close, and return on cash invested stands at 31.16% in year one. Equity gained on principal adds $658/yr while 5% annual appreciation supports $28,181 over five years. Portfolio math shows five-year ROI at 164.34% and total cumulative return in cash at $55,568. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,042/mo property income against a $499/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
6,133 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78406, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 468 (100%) |
| Owner Occupied HU | 242 (51.7%) |
| Renter Occupied HU | 169 (36.1%) |
| Vacant Housing Units | 57 (12.2%) |
| Median Home Value | $87,647 |
| Average Home Value | $112,345 |
Housing Distribution
Address Breakdown
Residential
406
Single Family
235
Multi-Family
171
Businesses
99
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maria Butt • KM Premier Real Estate
Mls Name: South Texas MLS
Mls ID: #463721