3702 Harris DrCorpus ChristiTX78411
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 3702 Harris Dr, Corpus Christi, TX, 78411 in Corpus Christi: $2,154/mo in rent, $606/mo net, 11.87% gross yield, all on a $217,700 acquisition. The 2.20 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $60,147 in value, and $2,005/yr in principal paydown steadily builds equity. Projected total cumulative return: $122,427.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 7.8% |
| Monthly Cash Flow | $606 | $450 |
City averages based on Corpus Christi market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,154 |
| Total Monthly Debt Service | $1,461 |
| DSCR Ratio | 1.47x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1949
7,841 sqft 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
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 1949
7,841 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lorissa Ibanez • Prime Real Estate
Mls Name: South Texas MLS
Mls ID: #464847