Zip Code 78408 โ€” Corpus Christi, TX

๐ŸŸขSTRONGโ€” excellent cash flow market
A

Excellent

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

Cap Rate

12.9%

Monthly Cash Flow

+$545

Median Home Price

$100,409

DSCR

2.02

Fair Market Rents

Studio
$860/mo
1 Bedroom
$940/mo
2 Bedroom
$1,140/mo
3 Bedroom
$1,490/mo
4 Bedroom
$1,740/mo

Investment Metrics

Cap Rate
12.9%
Cash-on-Cash Return
28.3%
Price-to-Rent Ratio
5.6
1% Rule
1.48%
Gross Rent Multiplier
5.6
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†’