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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% |
Rental property for sale in Corpus Christi at 1011 Ennis Joslin Rd APT 224, Corpus Christi, TX, 78412 generates $1,682/mo in rent, after a $954/mo payment. Total monthly income is $1,682/mo. Return on cash invested sits at 16.34% in year one, and rental yield is 10.35% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 88.21% and total cumulative return in cash sums $57,022. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,682/mo property income rather than buyer’s personal income.
Condo
Built in 1972
2,844 sqft lot
$N/A/sqft
$488 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 |
|---|---|---|
| 2024-10-31 | Listed for sale | $195,000 |
| 2017-10-10 | Listing removed | $115,000 |
| 2017-05-21 | Listed for sale | $115,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $154,691 | 12.28% |
| 2023-02-13 | $2936.19 | 17.42% | $137,767 | 37.07% |
| 2022-02-13 | $2500.68 | 18.77% | $100,511 | 23.73% |
Listed by: Robbie Palm • Vortex Realty
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #450260
Disclaimer: Based on information from South Texas MLS, LLC as of 2025-02-13 03:25:25 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.
