4000 Surfside Blvd APT 805Corpus 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
Investment property for sale in Corpus Christi at 4000 Surfside Blvd APT 805, Corpus Christi, TX, 78402 uses $76,079 cash to close to unlock $135/yr annual cash flow and $11/mo monthly cash flow. Total monthly income runs $1,643/mo, and a $1,123/mo payment keeps the spread at $11/mo. Purchase price stands at $229,500, and rental yield measures 8.59% with $1,643/mo rent. Return on cash invested shows 20.09% in year one, and 5% annual appreciation builds toward $63,407 over five years. Five-year ROI reaches 105.06% and total cumulative return in cash records $79,926. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,643/mo property income covering a $1,123/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: David Oliveira • ValTex Realty
Mls Name: South Texas MLS
Mls ID: #463441