5606 Palo Blanco StCorpus ChristiTX78417
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.78% gross rental yield, 5606 Palo Blanco St, Corpus Christi, TX, 78417 in Corpus Christi is priced for capital growth, not immediate cash flow. The $286,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $79,017 by year five, with $2,634/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (1.20) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $78,003.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.8% | 7.8% |
| Monthly Cash Flow | $(734) | $450 |
City averages based on Corpus Christi market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,542 |
| Total Monthly Debt Service | $1,920 |
| DSCR Ratio | 0.80x |
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.
Single Family
Built in 1983
6,033 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78417, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,749 (100%) |
| Owner Occupied HU | 1,163 (66.5%) |
| Renter Occupied HU | 435 (24.9%) |
| Vacant Housing Units | 151 ( 8.6%) |
| Median Home Value | $195,291 |
| Average Home Value | $213,252 |
Housing Distribution
Address Breakdown
Residential
1,735
Single Family
1,333
Multi-Family
402
Businesses
208
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 1983
6,033 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78417, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,749 (100%) |
| Owner Occupied HU | 1,163 (66.5%) |
| Renter Occupied HU | 435 (24.9%) |
| Vacant Housing Units | 151 ( 8.6%) |
| Median Home Value | $195,291 |
| Average Home Value | $213,252 |
Housing Distribution
Address Breakdown
Residential
1,735
Single Family
1,333
Multi-Family
402
Businesses
208
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Edwards • StepStone Realty LLC
Mls Name: South Texas MLS
Mls ID: #468218