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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 4000 Surfside Blvd APT 807, Corpus Christi, TX, 78402 uses $89,174 cash to close to unlock $1,137/yr annual cash flow and $95/mo monthly cash flow. Total monthly income runs $2,483/mo, and a $1,317/mo payment keeps the spread at $95/mo. Purchase price stands at $269,000, and rental yield measures 11.08% with $2,483/mo rent. Return on cash invested shows 21.18% in year one, and 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 113.21% and total cumulative return in cash records $100,955. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,483/mo property income covering a $1,317/mo payment rather than investor’s personal income.
Condo
Built in 1973
2,069 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 |
|---|---|---|
| 2024-10-30 | Listed for sale | $269,000 |
| 2021-09-24 | Sold | N/A |
| 2021-08-20 | Pending sale | $164,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Diane Hill • TexStar Realty
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #450152
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.
