4600 Ocean Dr APT 707, Corpus Christi, TX, 78412 | 7.29% Rental Yield

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4600 Ocean Dr APT 707, Corpus Christi, TX, 78412 | 7.29% Rental Yield | 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

Investment property for sale in Corpus Christi at 4600 Ocean Dr APT 707, Corpus Christi, TX, 78412 earns from $1,513/mo rent with a $1,219/mo payment. Total monthly income totals $1,513/mo. ROI tracks 16.16% on current figures, and rental yield reads 7.29% at a $249,000 purchase. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 over five years. Five-year ROI reaches 83.99% and total cumulative return in cash sums $69,332. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,513/mo property income instead of your personal income.

Condo

Built in 1963

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to coastal living at its finest! This condo is an ideal haven for those seeking a life of comfort and convenience. Boasting two generously sized bedrooms, each with its balcony, you'll wake up to soothing sea breezes and bask in abundant natural light that floods through the residence. Recently remodeled, the heart of the home features an updated kitchen complete with sleek granite countertops, modern soft-close cabinets, and extra-large crown molding that adds a touch of elegance. This unit has tile throughoutno carpet for easy maintenance. The open-plan living area extends out to an additional balcony, providing the perfect backdrop for relaxation or entertaining guests. Convenience is key with washer and dryer connections in-unit and a recently replaced AC unit for those warmer Texas days. And speaking of heat, you can cool off in the on-site pool while still enjoying the refreshing sea breeze. Living here means you're perfectly positioned in the Bay Area side of Corpus Christi, a stone's throw from the vibrant downtown, Texas A&M University-Corpus Christi, and Naval Air Station Corpus Christi. It's not just a homeit's a lifestyle waiting for you to dive in!

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