








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 823 S Water St APT 6A, Corpus Christi, TX, 78401 listed at $645,000 pairs $1,114/mo rent with a $3,157/mo payment. Total monthly income runs $1,114/mo. Return on cash invested measures 0.42% in year one, and rental yield registers 2.07% at a $645,000 basis. Equity gained on principal adds $4,162/yr, and annual property appreciation at 5% supports $178,202 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,114/mo property income relative to a $3,157/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1962
1,908 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78401, Corpus Christi, TX area.
| 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 |
Residential
1,762
Single Family
699
Multi-Family
1,063
Businesses
1,180
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Zoe Gottlich • Coldwell Banker Pacesetter Ste
Mls Name: South Texas MLS
Mls ID: #462832