4242 Gulfbreeze Blvd APT 605, Corpus Christi, TX, 78402 | $488/mo Cash Flow

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4242 Gulfbreeze Blvd APT 605, Corpus Christi, TX, 78402 | $488/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Corpus Christi at 4242 Gulfbreeze Blvd APT 605, Corpus Christi, TX, 78402 generates $2,479/mo in rent and, after a $1,370/mo payment, leaves $488/mo in cash flow. Total monthly income is $2,479/mo, and annual cash flow is $5,860/yr on $92,820 invested. Return on cash invested sits at 26.22% in year one, and rental yield is 10.62% on a $279,999 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 137.95% and total cumulative return in cash sums $128,048. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,479/mo property income rather than buyer’s personal income.

Condo

Built in 1981

1,420 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully updated 2-bedroom, 2-bathroom condo in the highly desirable Breakers Condominiums on North Beach. Offering a perfect blend of modern comfort and beachfront convenience, this condo is ideal as a primary residence, second home, or investment property. Step inside to an inviting open-concept layout filled with natural light and coastal charm. The kitchen has been tastefully remodeled with granite countertops, updated cabinetry, and plenty of counter space for cooking and entertaining. The living and dining area opens to large windows that capture refreshing coastal breezes and provide the perfect setting for relaxing after a day at the beach. The spacious primary suite features a beautifully tiled walk-in shower and ample closet space. The secondary bedroom is perfectly sized for guests or friends, and the second bathroom has also been stylishly updated. A dedicated laundry room inside the unit adds convenience that many condos don't offer. This condo is truly move-in ready, and for added value, all furniture can be conveyed with the sale, offering a turnkey opportunity whether you plan to enjoy it personally or as a rental investment. Don't miss your rare find getaway. Call your local agent to view this beauty today.

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