Zip Code 78416 โ€” Corpus Christi, TX

๐ŸŸขSTRONGโ€” excellent cash flow market
A

Excellent

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

Cap Rate

12.1%

Monthly Cash Flow

+$529

Median Home Price

$110,173

DSCR

1.90

Fair Market Rents

Studio
$900/mo
1 Bedroom
$970/mo
2 Bedroom
$1,190/mo
3 Bedroom
$1,550/mo
4 Bedroom
$1,810/mo

Investment Metrics

Cap Rate
12.1%
Cash-on-Cash Return
25.0%
Price-to-Rent Ratio
5.9
1% Rule
1.41%
Gross Rent Multiplier
5.9
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†’