15438 Seamount Cay Ct APT 103Corpus ChristiTX78418
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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 15438 Seamount Cay Ct APT 103, Corpus Christi, TX, 78418 uses $71,273 cash to close to unlock $1,397/yr annual cash flow and $116/mo monthly cash flow. Total monthly income runs $1,965/mo, and a $1,052/mo payment keeps the spread at $116/mo. Purchase price stands at $215,000, and rental yield measures 10.97% with $1,965/mo rent. Return on cash invested shows 21.87% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 116.56% and total cumulative return in cash records $83,077. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,965/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Condo
Built in 2002
1,050 sqft lot
$N/A/sqft
$320 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
15,824
Single Family
13,764
Multi-Family
2,060
Businesses
633
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Listed by: Suzanne Taylor • Ultima Real Estate
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #455907
Disclaimer: Based on information from South Texas MLS, LLC as of 2025-03-13 14:46:41 PDT. 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.