1406 Dorado StCorpus ChristiTX78417
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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
Investment property for sale in Corpus Christi at 1406 Dorado St, Corpus Christi, TX, 78417 uses $36,465 cash to close to unlock $7,466/yr annual cash flow and $622/mo monthly cash flow. Total monthly income runs $1,404/mo, and a $538/mo payment keeps the spread at $622/mo. Purchase price stands at $110,000, and rental yield measures 15.32% with $1,404/mo rent. Return on cash invested shows 40.38% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 213.97% and total cumulative return in cash records $78,024. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,404/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1961
6,120 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78417, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,749 (100%) |
| Owner Occupied HU | 1,163 (66.5%) |
| Renter Occupied HU | 435 (24.9%) |
| Vacant Housing Units | 151 ( 8.6%) |
| Median Home Value | $195,291 |
| Average Home Value | $213,252 |
Housing Distribution
Address Breakdown
Residential
1,735
Single Family
1,333
Multi-Family
402
Businesses
208
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Listed by: James Magill • DH Realty Partners Inc
Mls Name: South Texas MLS
Mls ID: #469693