715 S Upper Broadway St S #401, Corpus Christi, TX, 78401 | $265/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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715 S Upper Broadway St S #401, Corpus Christi, TX, 78401 | $265/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

Investment property for sale in Corpus Christi at 715 S Upper Broadway St S #401, Corpus Christi, TX, 78401 listed at $199,000 pairs $1,680/mo rent with a $974/mo payment to leave $265/mo cash flow. Total monthly income runs $1,680/mo, and annual cash flow reaches $3,179/yr on $65,969 cash to close. Return on cash invested measures 24.73% in year one, and rental yield registers 10.13% at a $199,000 basis. Equity gained on principal adds $1,284/yr, and annual property appreciation at 5% supports $54,980 by year five. Five-year ROI tracks 129.91% and total cumulative return in cash totals $85,698. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,680/mo property income relative to a $974/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1965

1,259 sqft lot

$N/A/sqft

No HOA

More details about the property

This large 2 bedroom faces directly out to the Corpus Christi Bay. Watch the incredible sunrises while you enjoy your morning coffee or tea! An open kitchen to the living area provides easy socializing. The two large bedrooms offer so much closet space including a huge walk-in in the primary suite. There are two full baths with tub/shower combos and nice storage in both. Although no laundry in unit, there is a pay laundry in the lobby area for convenience. Furniture can be included except some personal items and art. The HOA covers outside insurance, water, trash, cable, internet, Wi-Fi and also ELECTRICITY. So you have no additional bills except for inside insurance. With an assigned covered parking spot near the door, you'll love the convenience. Located by downtown, 2 blocks from the seawall and beach, and close the Shoreline Hospital and all the businesses around it. Cliff House is pet friendly, and a wonderful dog park on property is loved by the dogs here. Your pet must be approved by the board, no aggressive breeds please. Come join the community at Cliff House and relax.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78401, Corpus Christi, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,066 (100%)
Owner Occupied HU	320 (15.5%)
Renter Occupied HU	1,244 (60.2%)
Vacant Housing Units	502 (24.3%)
Median Home Value	$163,415
Average Home Value	$278,161