4550 Dandridge DrCorpus ChristiTX78413
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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 4550 Dandridge Dr, Corpus Christi, TX, 78413 offers a 8.98% rental yield on a $276,600 purchase with $2,070/mo rent. Total monthly income registers $2,070/mo, and a $1,354/mo payment leaves $103/mo available for distribution. Annual cash flow reaches $1,234/yr on $91,693 to close, and return on cash invested stands at 21.26% in year one. Equity gained on principal adds $1,785/yr while 5% annual appreciation supports $76,419 over five years. Portfolio math shows five-year ROI at 111.25% and total cumulative return in cash at $102,009. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,070/mo property income against a $1,354/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
5,702 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78413, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,511 (100%) |
| Owner Occupied HU | 8,723 (56.2%) |
| Renter Occupied HU | 5,532 (35.7%) |
| Vacant Housing Units | 1,256 ( 8.1%) |
| Median Home Value | $260,890 |
| Average Home Value | $302,226 |
Housing Distribution
Address Breakdown
Residential
14,956
Single Family
10,033
Multi-Family
4,923
Businesses
849
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Listed by: Shari Kirk • Coastal Country Real Estate
Mls Name: South Texas MLS
Mls ID: #464139