2722 Highgarden StCorpus ChristiTX78415
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 2722 Highgarden St, Corpus Christi, TX, 78415 in Corpus Christi. At $315,999 it earns $1,980/mo in rent and distributes $338/mo to the owner after the $1,421/mo payment, a consistent 9.82% yield. DSCR 1.39 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $87,305 in value; $2,910/yr in principal paydown compounds ownership stake. Total projected return: $103,910.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 7.8% |
| Monthly Cash Flow | $338 | $450 |
City averages based on Corpus Christi market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,980 |
| Total Monthly Debt Service | $2,121 |
| DSCR Ratio | 0.93x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78415, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,293 (100%) |
| Owner Occupied HU | 8,499 (52.2%) |
| Renter Occupied HU | 5,836 (35.8%) |
| Vacant Housing Units | 1,958 (12.0%) |
| Median Home Value | $162,838 |
| Average Home Value | $239,827 |
Housing Distribution
Address Breakdown
Residential
14,632
Single Family
12,464
Multi-Family
2,168
Businesses
1,119
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2024
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78415, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,293 (100%) |
| Owner Occupied HU | 8,499 (52.2%) |
| Renter Occupied HU | 5,836 (35.8%) |
| Vacant Housing Units | 1,958 (12.0%) |
| Median Home Value | $162,838 |
| Average Home Value | $239,827 |
Housing Distribution
Address Breakdown
Residential
14,632
Single Family
12,464
Multi-Family
2,168
Businesses
1,119
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christopher Marti • Housifi
Mls Name: SABOR
Mls Provider:
Mls ID: #1868246
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.