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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 3938 Surfside Blvd UNIT 2206, Corpus Christi, TX, 78402 listed at $125,000 pairs $1,608/mo rent with a $612/mo payment to leave $244/mo cash flow. Total monthly income runs $1,608/mo, and annual cash flow reaches $2,927/yr on $41,438 cash to close. Return on cash invested measures 26.97% in year one, and rental yield registers 15.44% at a $125,000 basis. Equity gained on principal adds $807/yr, and annual property appreciation at 5% supports $34,535 by year five. Five-year ROI tracks 146.92% and total cumulative return in cash totals $60,881. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,608/mo property income relative to a $612/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
928 sqft lot
$N/A/sqft
$475 monthly HOA
Neighborhood data shown for ZIP Code: 78402, Corpus Christi, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 919 (100%) |
| Owner Occupied HU | 150 (16.3%) |
| Renter Occupied HU | 268 (29.2%) |
| Vacant Housing Units | 501 (54.5%) |
| Median Home Value | $381,818 |
| Average Home Value | $398,667 |
Residential
915
Single Family
130
Multi-Family
785
Businesses
66
Date | Event | Price |
|---|---|---|
| 2024-10-02 | Listing removed | $1,500 |
| 2024-09-15 | Price change | $1,500 |
| 2024-09-13 | Listed for sale | $125,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Mary Beecroft • Coldwell Banker Pacesetter Ste
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #448259
Disclaimer: Based on information from South Texas MLS, LLC as of 2024-02-06 10:12:13 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.
