618 Cunningham StCorpus ChristiTX78411
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeFinancing efficiency matters for international buyers, and 618 Cunningham St, Corpus Christi, TX, 78411 in Corpus Christi offers it: the 1.50 DSCR gives Ziffy Mortgage's underwriting team an unusually clean file, no U.S. credit, no personal income required. Rental yield 8.11%. Long-term, 5% appreciation is forecast to add $75,977, and $2,533/yr in principal paydown compounds equity steadily. Projected five-year cumulative return: $99,159.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 7.8% |
| Monthly Cash Flow | $(97) | $450 |
City averages based on Corpus Christi market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,859 |
| Total Monthly Debt Service | $1,846 |
| DSCR Ratio | 1.01x |
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 1952
9,514 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78411, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,289 (100%) |
| Owner Occupied HU | 6,187 (54.8%) |
| Renter Occupied HU | 4,081 (36.2%) |
| Vacant Housing Units | 1,021 ( 9.0%) |
| Median Home Value | $219,845 |
| Average Home Value | $291,275 |
Housing Distribution
Address Breakdown
Residential
10,860
Single Family
8,882
Multi-Family
1,978
Businesses
1,692
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 1952
9,514 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78411, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,289 (100%) |
| Owner Occupied HU | 6,187 (54.8%) |
| Renter Occupied HU | 4,081 (36.2%) |
| Vacant Housing Units | 1,021 ( 9.0%) |
| Median Home Value | $219,845 |
| Average Home Value | $291,275 |
Housing Distribution
Address Breakdown
Residential
10,860
Single Family
8,882
Multi-Family
1,978
Businesses
1,692
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Harry Hallows • Harry Hallows, Broker
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #455873
Disclaimer: Based on information from South Texas MLS, LLC as of 2025-03-30 05:46:47 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.