1213 Ocean Dr, Corpus Christi, TX, 78404 | Equity Gain $5,775/yr

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Monthly Cash Flow: 1 - 3k+

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1213 Ocean Dr, Corpus Christi, TX, 78404 | Equity Gain $5,775/yr | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Corpus Christi at 1213 Ocean Dr, Corpus Christi, TX, 78404 earns from $1,196/mo rent with a $4,381/mo payment. Total monthly income totals $1,196/mo. ROI tracks -1% on current figures, and rental yield reads 1.6% at a $895,000 purchase. Equity gained on principal adds $5,775/yr, and 5% annual appreciation supports $247,272 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,196/mo property income instead of your personal income.

Single Family

Built in 1955

6,982 sqft lot

$N/A/sqft

No HOA

More details about the property

Urban living at its best - watch the sunrise over Corpus Christi Bay, take a short stroll or bike ride down the sea wall to the beach, marina, vibrant downtown or the community garden and dog park. Many dining options without need of a car. This beautiful four bedroom two bath home has undergone a complete architectural and engineering renovation to today's standard from the apartments above. Integrity double hung pane windows throughout both buildings. Xeriscape landscaping with drip irrigation and an artificial turf front garden makes this a water wise property. Both buildings complete with HVAC. MAin house has an attic airconditioned cedar closet, boasts built in cabinetry, complete with marble counter tops. Kitchen. laundry room and master bath have durable engineered countertops. U[stairs and downstairs electric fireplace, slate floors in the kitchen, pergola, and front and back porch. Granite tiled floors in both baths complete with granite baseboards and original hardwood floors in both buildings' common areas. Custom trim and crown molding throughout. Endless possibilities: multigenerational compound or you can live in front and rent the two guest quarter apartments or rezone for a professional office.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78404, Corpus Christi, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,115 (100%)
Owner Occupied HU	3,273 (46.0%)
Renter Occupied HU	2,754 (38.7%)
Vacant Housing Units	1,088 (15.3%)
Median Home Value	$192,468
Average Home Value	$279,396