14721 Whitecap Blvd APT 293, Corpus Christi, TX, 78418 | $451/mo Cash Flow

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14721 Whitecap Blvd APT 293, Corpus Christi, TX, 78418 | $451/mo Cash Flow | 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 14721 Whitecap Blvd APT 293, Corpus Christi, TX, 78418 offers a 11.24% rental yield on a $199,900 purchase with $1,872/mo rent. Total monthly income registers $1,872/mo, and a $978/mo payment leaves $451/mo available for distribution. Annual cash flow reaches $5,411/yr on $66,267 to close, and return on cash invested stands at 28.07% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 147.84% and total cumulative return in cash at $97,969. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,872/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1989

1,237 sqft lot

$N/A/sqft

No HOA

More details about the property

This vintage vibe studio/condo is located on the second floor of the very popular Beach Club Condominiums. Incredible location, just a 5-minute walk to the beautiful white sands and blue water at the Whitecap Beach on North Padre Island. This cozy home has such a beachy feel with lots of windows and French doors that lead out to a spacious covered patio. There is a fully equipped kitchen with everything needed to prepare a gourmet meal, a dining nook and lots of living/bedroom space with a walk-in closet. This unit easily sleeps four with room for a sleeper sofa and a queen sized bed, night stands, end tables and more! Shared community amenities include a shady, well maintained pool, large relaxing gazebo, hot tub, sauna, gym and even a lake and pier! There is an outdoor shower near the pool, and laundry facilities are available inside the clubhouse. Additionally, there is assigned parking and lots of extra guest parking near by. Call today for a private showing of this little jewel on the Coast!

Neighborhood Data

Neighborhood data shown for ZIP Code: 78418, Corpus Christi, TX area.

Housing Distribution

Housing Statistics

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