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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Corpus Christi at 9246 Scottish Oak St, Corpus Christi, TX, 78409 generates $2,394/mo in rent and, after a $1,194/mo payment, leaves $659/mo in cash flow. Total monthly income is $2,394/mo, and annual cash flow is $7,910/yr on $80,886 invested. Return on cash invested sits at 29.69% in year one, and rental yield is 11.77% on a $243,999 entry. Equity gained on principal adds $1,574/yr, while 5% annual appreciation builds toward $67,412 over five years. Five-year ROI reaches 156.54% and total cumulative return in cash sums $126,622. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,394/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78409, Corpus Christi, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,232 (100%) |
| Owner Occupied HU | 696 (56.5%) |
| Renter Occupied HU | 357 (29.0%) |
| Vacant Housing Units | 179 (14.5%) |
| Median Home Value | $141,250 |
| Average Home Value | $195,409 |
Residential
1,056
Single Family
886
Multi-Family
170
Businesses
256
Date | Event | Price |
|---|---|---|
| 2024-10-18 | Listed for sale | $243,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Christopher Marti • Housifi
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #449847
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.
