4109 Elvira Dr #A-BCorpus ChristiTX78416
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 4109 Elvira Dr #A-B, Corpus Christi, TX, 78416 in Corpus Christi the bet is firmly on appreciation. Rental yield 5.01%. The 5.01% gross yield on a $230,000 price is below income-first thresholds, but 5%/yr value growth projects $63,545 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.93) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $44,722.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5% | 7.8% |
| Monthly Cash Flow | $(676) | $450 |
City averages based on Corpus Christi market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $960 |
| Total Monthly Debt Service | $1,544 |
| DSCR Ratio | 0.62x |
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.
Multi Family
Built in 1985
6,338 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78416, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,227 (100%) |
| Owner Occupied HU | 3,232 (61.8%) |
| Renter Occupied HU | 1,548 (29.6%) |
| Vacant Housing Units | 447 ( 8.6%) |
| Median Home Value | $95,459 |
| Average Home Value | $152,908 |
Housing Distribution
Address Breakdown
Residential
4,821
Single Family
4,570
Multi-Family
251
Businesses
302
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
Multi Family
Built in 1985
6,338 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78416, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,227 (100%) |
| Owner Occupied HU | 3,232 (61.8%) |
| Renter Occupied HU | 1,548 (29.6%) |
| Vacant Housing Units | 447 ( 8.6%) |
| Median Home Value | $95,459 |
| Average Home Value | $152,908 |
Housing Distribution
Address Breakdown
Residential
4,821
Single Family
4,570
Multi-Family
251
Businesses
302
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Al Perez • CORE Coastal Realty
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #458986
Disclaimer: Based on information from South Texas MLS, LLC as of 2025-05-14 08:50:31 PDT. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.