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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 1202 Shiels Dr, Corpus Christi, TX, 78412 generates $1,684/mo in rent and, after a $929/mo payment, leaves $334/mo in cash flow. Total monthly income is $1,684/mo, and annual cash flow is $4,009/yr on $62,952 invested. Return on cash invested sits at 26.28% in year one, and rental yield is 10.64% on a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 138.27% and total cumulative return in cash sums $87,041. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,684/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
6,874 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Patty Taylor • Heritage Real Estate
Mls Name: South Texas MLS
Mls ID: #460436
