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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Corpus Christi at 1400 Ocean Dr APT 204C, Corpus Christi, TX, 78404 listed at $275,000 pairs $2,365/mo rent with a $1,346/mo payment to leave $409/mo cash flow. Total monthly income runs $2,365/mo, and annual cash flow reaches $4,913/yr on $91,163 cash to close. Return on cash invested measures 25.3% in year one, and rental yield registers 10.32% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 132.97% and total cumulative return in cash totals $121,223. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,365/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
984 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78404, Corpus Christi, TX area.
| 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 |
Residential
6,178
Single Family
5,361
Multi-Family
817
Businesses
504
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Will Storbeck • Keller Williams Coastal Bend
Mls Name: South Texas MLS
Mls ID: #462121
