4242 Gulfbreeze Blvd APT 806Corpus 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 4242 Gulfbreeze Blvd APT 806, Corpus Christi, TX, 78402 earns from $2,808/mo rent with a $1,957/mo payment. Total monthly income totals $2,808/mo. ROI tracks 13.66% on current figures, and rental yield reads 8.43% at a $399,900 purchase. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 over five years. Five-year ROI reaches 72.69% and total cumulative return in cash sums $96,356. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,808/mo property income instead of your personal income.
Condo
Built in 1981
1,420 sqft lot
$N/A/sqft
$655 monthly 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: Shirley Soriano • RE/MAX Professionals
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #444999
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.