Newlin Plan, Royal Oak : Watermill CollectionCorpus 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 Newlin Plan, Royal Oak: Watermill Collection, Corpus Christi, TX, 78410 offers $2,328/mo rent that, after a $1,180/mo payment, leaves $614/mo cash flow. Total monthly income is $2,328/mo, and annual cash flow is $7,365/yr on $79,891 cash. Return on cash invested measures 29.13% in year one, and rental yield stands at 11.59% at a $240,999 entry. Equity gained on principal adds $1,555/yr while 5% annual appreciation compounds into $66,584 by year five. Five-year ROI records 153.48% and total cumulative return in cash reaches $122,620. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,328/mo property income versus a $1,180/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A 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: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A