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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% |
Investment property for sale in Corpus Christi at 940 Dolores St, Corpus Christi, TX, 78405 with 5% annual appreciation on a $110,000 basis while $899/mo rent supports operations. Total monthly income totals $899/mo and a $538/mo payment preserves $117/mo for cash returns. Annual cash flow comes to $1,406/yr on $36,465 deployed, and return on cash invested reaches 23.76% in year one. Equity gained on principal adds $710/yr, and five-year appreciation sums $30,391 alongside rental yield of 9.81%. Five-year ROI measures 124.85% and total cumulative return in cash totals $45,528.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $899/mo property income versus a $538/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1945
8,100 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78405, Corpus Christi, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,649 (100%) |
| Owner Occupied HU | 2,567 (45.4%) |
| Renter Occupied HU | 2,214 (39.2%) |
| Vacant Housing Units | 868 (15.4%) |
| Median Home Value | $79,776 |
| Average Home Value | $170,461 |
Residential
5,135
Single Family
4,569
Multi-Family
566
Businesses
748
Date | Event | Price |
|---|---|---|
| 2024-12-04 | Listed for sale | $110,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $84,225 | 53.63% |
| 2023-02-13 | N/A | N/A | $54,825 | 10.00% |
| 2022-02-13 | N/A | N/A | $49,841 | 8.86% |
Listed by: Melinda Borden • KM Premier Real Estate
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #451553
Disclaimer: Based on information from South Texas MLS, LLC as of 2025-02-13 04:25:27 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.
