715 S Upper Broadway St SCorpus ChristiTX78401
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowTight but positive: 715 S Upper Broadway St S, Corpus Christi, TX, 78401 in Corpus Christi at $189,999 earns $2,366/mo in rent and nets $3/mo after the $854/mo payment, a 14.95% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $52,493 over five years. Ziffy Mortgage underwrites this on a 2.77 DSCR without U.S. credit history. With $1,750/yr in principal paydown, total projected return reaches $77,427.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15% | 7.8% |
| Monthly Cash Flow | $3 | $450 |
City averages based on Corpus Christi market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,366 |
| Total Monthly Debt Service | $2,288 |
| DSCR Ratio | 1.03x |
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.
Condo
Built in 1965
1,259 sqft lot
$N/A/sqft
$986 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78401, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,066 (100%) |
| Owner Occupied HU | 320 (15.5%) |
| Renter Occupied HU | 1,244 (60.2%) |
| Vacant Housing Units | 502 (24.3%) |
| Median Home Value | $163,415 |
| Average Home Value | $278,161 |
Housing Distribution
Address Breakdown
Residential
1,762
Single Family
699
Multi-Family
1,063
Businesses
1,180
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
Condo
Built in 1965
1,259 sqft lot
$N/A/sqft
$986 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78401, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,066 (100%) |
| Owner Occupied HU | 320 (15.5%) |
| Renter Occupied HU | 1,244 (60.2%) |
| Vacant Housing Units | 502 (24.3%) |
| Median Home Value | $163,415 |
| Average Home Value | $278,161 |
Housing Distribution
Address Breakdown
Residential
1,762
Single Family
699
Multi-Family
1,063
Businesses
1,180
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices