5409 Wharton StCorpus ChristiTX78415
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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
Investment Highlights
Investment property for sale in Corpus Christi at 5409 Wharton St, Corpus Christi, TX, 78415 offers a 17.09% rental yield on a $152,204 purchase with $2,168/mo rent. Total monthly income registers $2,168/mo, and a $745/mo payment leaves $1,086/mo available for distribution. Annual cash flow reaches $13,027/yr on $50,456 to close, and return on cash invested stands at 45.73% in year one. Equity gained on principal adds $982/yr while 5% annual appreciation supports $42,051 over five years. Portfolio math shows five-year ROI at 242.55% and total cumulative return in cash at $122,378. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,168/mo property income against a $745/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
6,290 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
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Nearby investment properties with comparable prices
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