345 Doddridge StCorpus ChristiTX78411
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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
Rental property for sale in Corpus Christi at 345 Doddridge St, Corpus Christi, TX, 78411 offers $2,460/mo rent that, after a $2,031/mo payment. Total monthly income is $2,460/mo. Return on cash invested measures 15.63% in year one, and rental yield stands at 7.11% at a $414,900 entry. Equity gained on principal adds $2,677/yr while 5% annual appreciation compounds into $114,629 by year five. Five-year ROI records 81.11% and total cumulative return in cash reaches $111,554. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,460/mo property income versus a $2,031/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78411, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,289 (100%) |
| Owner Occupied HU | 6,187 (54.8%) |
| Renter Occupied HU | 4,081 (36.2%) |
| Vacant Housing Units | 1,021 ( 9.0%) |
| Median Home Value | $219,845 |
| Average Home Value | $291,275 |
Housing Distribution
Address Breakdown
Residential
10,860
Single Family
8,882
Multi-Family
1,978
Businesses
1,692
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Listed by: Randal Sullivan • Keller Williams Coastal Bend
Mls Name: South Texas MLS
Mls ID: #462315