101 Caribbean Dr #4Corpus ChristiTX78418
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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
Investment Highlights
Investment property for sale in Corpus Christi at 101 Caribbean Dr #4, Corpus Christi, TX, 78418 at $149,900 posts ROI 12.8% with from $1,277/mo rent. Total monthly income equals $1,277/mo. Return on cash invested measures 12.8% and rental yield reads 10.22% at the current $149,900. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 by year five. Five-year ROI prints 70.39% and total cumulative return in cash totals $34,979. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,277/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2024
2,966 sqft lot
$N/A/sqft
$505 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78418, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,925 (100%) |
| Owner Occupied HU | 9,132 (54.0%) |
| Renter Occupied HU | 4,073 (24.1%) |
| Vacant Housing Units | 3,720 (22.0%) |
| Median Home Value | $357,827 |
| Average Home Value | $408,375 |
Housing Distribution
Address Breakdown
Residential
15,824
Single Family
13,764
Multi-Family
2,060
Businesses
633
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Listed by: Sheila Johnson • Safe Harbor Real Estate, LLC
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #450274
Disclaimer: Based on information from South Texas MLS, LLC as of 2025-02-13 04:25:27 PST. 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.