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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 4600 Ocean Dr APT 505, Corpus Christi, TX, 78412 earns from $1,590/mo rent with a $869/mo payment. Total monthly income totals $1,590/mo. ROI tracks 17.41% on current figures, and rental yield reads 10.75% at a $177,500 purchase. Equity gained on principal adds $1,145/yr, and 5% annual appreciation supports $49,040 over five years. Five-year ROI reaches 94.04% and total cumulative return in cash sums $55,332. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,590/mo property income instead of your personal income.
Condo
Built in 1963
1,891 sqft lot
$N/A/sqft
$450 monthly HOA
Neighborhood data shown for ZIP Code: 78412, Corpus Christi, TX area.
| 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 |
Residential
16,708
Single Family
10,069
Multi-Family
6,639
Businesses
725
Date | Event | Price |
|---|---|---|
| 2024-10-14 | Price change | $177,500 |
| 2024-09-14 | Listed for sale | $179,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Sheila Johnson • Safe Harbor Real Estate, LLC
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #448146
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.
