4000 Surfside Blvd APT 403Corpus ChristiTX78402
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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
Total monthly income runs $1,671/mo, and a $1,160/mo payment. Purchase price stands at $236,999, and rental yield measures 8.46% with $1,671/mo rent. Return on cash invested shows 19.69% in year one, and 5% annual appreciation builds toward $65,478 over five years. Five-year ROI reaches 102.9% and total cumulative return in cash records $80,840. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,671/mo property income covering a $1,160/mo payment rather than investor’s personal income.
Condo
Built in 1973
2,069 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78402, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
915
Single Family
130
Multi-Family
785
Businesses
66
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Listed by: Diane Hill • TexStar Realty
Mls Name: South Texas MLS
Mls ID: #470773