Financials
5831 S Oso Pkwy Corpus Christi, TX 78414
INVESTimate
$132,838
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5831 S Oso Pkwy PROPERTY INFO
FACTS
- Built In 2012
- Price/Sqft : $154.79
CONSTRUCTION
- Beds : 0
- Floor Size : 2,958 sqft
- Baths : 0 Full
5831 S Oso Pkwy SCHOOLS
Financial Details
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Southside
Neighborhood : Southside
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 40% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,217 per month.
MY RENT : $2,217 MEDIAN RENT : $1,424
Household Rent Affordability
According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $2,217 would therefore be considered affordable for annual household incomes greater than $88,680 (12 months x 3.333 x $2,217).
HOUSEHOLD INCOME RANGE
Approximately 11,770 of households in this neighborhood have a total annual income of $88,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,217 per month.
MINIMUM INCOME RANGE : $88,680
COMMUTE TIME DISTRIBUTION
63% of the working population has a commute time of 15 to 44 minutes, 30% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.
Southside Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 11.1% |
| Educational Services | 10.4% |
| Health Care & Social Assistance | 15.9% |
| Manufacturing | 5.8% |
| Public Administration | 8.6% |
| Retail & Wholesale Trader | 15.3% |
| Other | 32.8% |
AGE DISTRIBUTION
52% of the population is between the ages of 25 and 64, 37% is 24 or younger and 11% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 22.2% |
| 15-19 | 6.4% |
| 20-24 | 7.9% |
| 25-44 | 29.0% |
| 45-65 | 23.2% |
| 66+ | 11.1% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Construction | 7.0% |
| Healthcare | 10.3% |
| Management, Business, & Financial | 13.8% |
| Natural Resources Maintenance | 12.6% |
| Production & Transportation | 9.9% |
| Sales & Office | 24.7% |
| Other | 21.6% |
HIGHEST EDUCATION LEVEL
19% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 9.3% |
| High School | 25.1% |
| Masters Degree | 7.2% |
| Some College | 27.4% |
| Some High School | 11.3% |
| Other | 19.7% |
5831 S Oso Pkwy Comps
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5831 S Oso Pkwy, Corpus Christi, TX 78414 is a single family home of 2,958 sqft. HomeUnion INVESTimate® for 5831 S Oso Pkwy includes a Price Estimate of $457,879 and a Rent Estimate of $2,217. This single family home has 0 bedrooms,0 bathrooms, and was built in 2012. This property has an estimated 15 year annualized Yield of 5.81% and Total Return of 5.02%. The estimated 1 year forecast in home value for 5831 S Oso Pkwy is 4.3%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX, NUECES County, or the 78414 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
