Clearwater Plan, Royal Oaks : Coastline CollectionCorpus ChristiTX78409
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at Clearwater Plan, Royal Oaks: Coastline Collection, Corpus Christi, TX, 78409 in Corpus Christi the bet is firmly on appreciation. Rental yield 5.04%. The 5.04% gross yield on a $335,999 price is below income-first thresholds, but 5%/yr value growth projects $92,830 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.93) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $65,753.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5% | 7.8% |
| Monthly Cash Flow | $(979) | $450 |
City averages based on Corpus Christi market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,410 |
| Total Monthly Debt Service | $2,256 |
| DSCR Ratio | 0.63x |
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 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78409, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,232 (100%) |
| Owner Occupied HU | 696 (56.5%) |
| Renter Occupied HU | 357 (29.0%) |
| Vacant Housing Units | 179 (14.5%) |
| Median Home Value | $141,250 |
| Average Home Value | $195,409 |
Housing Distribution
Address Breakdown
Residential
1,056
Single Family
886
Multi-Family
170
Businesses
256
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 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78409, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,232 (100%) |
| Owner Occupied HU | 696 (56.5%) |
| Renter Occupied HU | 357 (29.0%) |
| Vacant Housing Units | 179 (14.5%) |
| Median Home Value | $141,250 |
| Average Home Value | $195,409 |
Housing Distribution
Address Breakdown
Residential
1,056
Single Family
886
Multi-Family
170
Businesses
256
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices