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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 15406 Salt Cay Ct UNIT 6, Corpus Christi, TX, 78418 listed at $229,900 pairs $1,522/mo rent with a $1,125/mo payment. Total monthly income runs $1,522/mo. Return on cash invested measures 13.41% in year one, and rental yield registers 7.94% at a $229,900 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,517 by year five. Five-year ROI tracks 70.95% and total cumulative return in cash totals $54,071. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,522/mo property income relative to a $1,125/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1984
2,914 sqft lot
$N/A/sqft
$300 monthly 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 |
|---|---|---|
| 2024-09-27 | Price change | $229,900 |
| 2024-05-24 | Listed for sale | $235,000 |
| 2024-03-19 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Mary Lou Herrera • RE/MAX Professionals
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #442143
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.
