1000 Ranchway Dr APT 63LaredoTX78045
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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
Investment Highlights
Investment property for sale in Laredo at 1000 Ranchway Dr APT 63, Laredo, TX, 78045 listed at $210,000 pairs $1,975/mo rent with a $1,028/mo payment to leave $482/mo cash flow. Total monthly income runs $1,975/mo, and annual cash flow reaches $5,778/yr on $69,615 cash to close. Return on cash invested measures 28.21% in year one, and rental yield registers 11.29% at a $210,000 basis. Equity gained on principal adds $1,355/yr, and annual property appreciation at 5% supports $58,019 by year five. Five-year ROI tracks 148.59% and total cumulative return in cash totals $103,444. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,975/mo property income relative to a $1,028/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2003
3,620 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78045, Laredo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,093 (100%) |
| Owner Occupied HU | 16,632 (75.3%) |
| Renter Occupied HU | 4,594 (20.8%) |
| Vacant Housing Units | 867 ( 3.9%) |
| Median Home Value | $251,630 |
| Average Home Value | $271,402 |
Housing Distribution
Address Breakdown
Residential
21,940
Single Family
17,982
Multi-Family
3,958
Businesses
2,349
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Listed by: Maribel Garza • Swisher & Martin Realty
Mls Name: LAR
Mls Provider:
Mls ID: #20243522
Disclaimer: 2024 Laredo Multiple Listing Service. Information is deemed to be reliable but not guaranteed. Information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.