1400 Ocean Dr APT 304C, Corpus Christi, TX, 78404 | 5.3% Rental Yield

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1400 Ocean Dr APT 304C, Corpus Christi, TX, 78404 | 5.3% Rental Yield | 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 1400 Ocean Dr APT 304C, Corpus Christi, TX, 78404 offers a 5.3% rental yield on a $310,000 purchase with $1,369/mo rent. 16% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,647 over five years. Portfolio math shows five-year ROI at 51.76% and total cumulative return in cash at $53,191. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,369/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1981

984 sqft lot

$N/A/sqft

No HOA

More details about the property

Have you been dreaming of a water view? Then you have found it, and Marina Del Sol offers so many amenities to their residents. This home has been lovingly updated with Luxury Vinyl Plank flooring, shiplap accents in the cheerful kitchen, which was opened up for a longer breakfast bar. The pantry has convenient pull out drawers. The open living room, kitchen and dining area have fabulous views from any angle. Light and bright corner unit, floor to ceiling windows with electric shutters. Step onto the terrace and enjoy the sea breezes and great view of downtown Corpus Christi and the Bayfront. HOA includes 24 hour security, heated pool overlooking the bayfront, very nice community room and library, indoor pickleball and basket ball courts, well equipped gym and sauna, and all exterior insurance, cable, internet and water. There are two assigned parking spaces in the garage. Pets are allowed (two cats, one dog) and there are plenty of outdoor walking areas close by. Also close to restaurants, live music, theaters, art galleries and hospital.

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