1400 Ocean Dr APT 802CCorpus ChristiTX78404
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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 1400 Ocean Dr APT 802C, Corpus Christi, TX, 78404 offers a 4.14% rental yield on a $279,900 purchase with $965/mo rent. 25% in year one. Equity gained on principal adds $1,806/yr while 5% annual appreciation supports $77,331 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $965/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1981
N/A lot
$N/A/sqft
$886 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
6,178
Single Family
5,361
Multi-Family
817
Businesses
504
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Listed by: Gene Guernsey • Gene Guernsey & Assoc.Realtors
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #432182
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.