9533 Spanish Oak DrCorpus ChristiTX78410
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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 9533 Spanish Oak Dr, Corpus Christi, TX, 78410 priced at $419,900 converts $4,658/mo rent into $1,672/mo cash flow after a $2,055/mo obligation. Total monthly income equals $4,658/mo, and annual cash flow totals $20,067/yr on $139,197 invested. Return on cash invested prints 34.33% in year one, and rental yield reads 13.31% against a $419,900 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation compiles into $116,011 by year five. Five-year ROI reaches 181.37% and total cumulative return in cash sums $252,468. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,658/mo property income covering a $2,055/mo payment, not borrower’s personal income.
Single Family
Built in 2024
8,281 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78410, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,617 (100%) |
| Owner Occupied HU | 7,256 (62.5%) |
| Renter Occupied HU | 3,462 (29.8%) |
| Vacant Housing Units | 899 ( 7.7%) |
| Median Home Value | $261,544 |
| Average Home Value | $294,174 |
Housing Distribution
Address Breakdown
Residential
11,100
Single Family
8,868
Multi-Family
2,232
Businesses
635
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Listed by: Joe Esquivel • Keller Williams Coastal Bend
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #444083
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.