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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 14300 S Padre Island Dr APT 102, Corpus Christi, TX, 78418 uses $43,062 cash to close to unlock $793/yr annual cash flow and $66/mo monthly cash flow. Total monthly income runs $990/mo, and a $636/mo payment keeps the spread at $66/mo. Purchase price stands at $129,900, and rental yield measures 9.15% with $990/mo rent. Return on cash invested shows 21.75% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 114.08% and total cumulative return in cash records $49,123. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $990/mo property income covering a $636/mo payment rather than investor’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78418, Corpus Christi, TX area.
| 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 |
Residential
15,824
Single Family
13,764
Multi-Family
2,060
Businesses
633
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: Meagan Furey • Coastline Properties
Mls Name: South Texas MLS
Mls ID: #458582
