5642 Victor Lara Ortegon StCorpus ChristiTX78417
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 5642 Victor Lara Ortegon St, Corpus Christi, TX, 78417 in Corpus Christi at $153,000 earns $1,174/mo in rent and nets $86/mo after the $688/mo payment, a 9.21% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $42,271 over five years. Ziffy Mortgage underwrites this on a 1.71 DSCR without U.S. credit history. With $1,409/yr in principal paydown, total projected return reaches $64,173.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 7.8% |
| Monthly Cash Flow | $86 | $450 |
City averages based on Corpus Christi market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,174 |
| Total Monthly Debt Service | $1,027 |
| DSCR Ratio | 1.14x |
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 2000
5,505 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 2000
5,505 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: Brian Brockman • Bang Realty
Mls Name: My State MLS
Mls ID: #11637478