Carmel Plan, Royal Oaks : Coastline CollectionCorpus ChristiTX78409
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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
Investment property for sale in Corpus Christi at Carmel Plan, Royal Oaks: Coastline Collection, Corpus Christi, TX, 78409 with 5% annual appreciation on a $311,999 basis while $2,394/mo rent supports operations. Total monthly income totals $2,394/mo and a $1,527/mo payment preserves $175/mo for cash returns. Annual cash flow comes to $2,105/yr on $103,428 deployed, and return on cash invested reaches 21.94% in year one. Equity gained on principal adds $2,013/yr, and five-year appreciation sums $86,200 alongside rental yield of 9.21%. Five-year ROI measures 114.99% and total cumulative return in cash totals $118,931.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,394/mo property income versus a $1,527/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78409, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,056
Single Family
886
Multi-Family
170
Businesses
256
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Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A