Zip Code 78407 โ€” Corpus Christi, TX

๐ŸŸขSTRONGโ€” excellent cash flow market
A

Excellent

Strong cash flow + low risk ยท Score: 84/100

Cap Rate

13.9%

Monthly Cash Flow

+$651

Median Home Price

$104,095

DSCR

2.18

Fair Market Rents

Studio
$970/mo
1 Bedroom
$1,030/mo
2 Bedroom
$1,270/mo
3 Bedroom
$1,650/mo
4 Bedroom
$1,940/mo

Investment Metrics

Cap Rate
13.9%
Cash-on-Cash Return
32.6%
Price-to-Rent Ratio
5.3
1% Rule
1.59%
Gross Rent Multiplier
5.3
Vacancy Rate
8.0%

Assumptions Used

20% down payment, 6.52% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax

Customize these numbers in the calculator โ†’