4600 Ocean Dr APT 201ACorpus ChristiTX78412
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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 4600 Ocean Dr APT 201A, Corpus Christi, TX, 78412 listed at $185,500 pairs $1,397/mo rent with a $908/mo payment to leave $78/mo cash flow. Total monthly income runs $1,397/mo, and annual cash flow reaches $934/yr on $61,493 cash to close. Return on cash invested measures 21.43% in year one, and rental yield registers 9.04% at a $185,500 basis. Equity gained on principal adds $1,197/yr, and annual property appreciation at 5% supports $51,250 by year five. Five-year ROI tracks 112.21% and total cumulative return in cash totals $69,003. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,397/mo property income relative to a $908/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1963
1,551 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78412, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,290 (100%) |
| Owner Occupied HU | 6,831 (39.5%) |
| Renter Occupied HU | 8,750 (50.6%) |
| Vacant Housing Units | 1,709 ( 9.9%) |
| Median Home Value | $228,697 |
| Average Home Value | $296,194 |
Housing Distribution
Address Breakdown
Residential
16,708
Single Family
10,069
Multi-Family
6,639
Businesses
725
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Listed by: Raquel Berger • TexStar Realty
Mls Name: South Texas MLS
Mls ID: #467889