1006 E San Jose StLaredoTX78040
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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 1006 E San Jose St, Laredo, TX, 78040 uses $42,101 cash to close to unlock $714/yr annual cash flow and $59/mo monthly cash flow. Total monthly income runs $963/mo, and a $622/mo payment keeps the spread at $59/mo. Purchase price stands at $127,000, and rental yield measures 9.1% with $963/mo rent. Return on cash invested shows 21.6% in year one, and 5% annual appreciation builds toward $35,088 over five years. Five-year ROI reaches 113.24% and total cumulative return in cash records $47,673. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $963/mo property income covering a $622/mo payment rather than investor’s personal income.
Single Family
Built in 1950
6,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78040, Laredo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,711 (100%) |
| Owner Occupied HU | 5,276 (38.5%) |
| Renter Occupied HU | 6,733 (49.1%) |
| Vacant Housing Units | 1,702 (12.4%) |
| Median Home Value | $142,151 |
| Average Home Value | $183,159 |
Housing Distribution
Address Breakdown
Residential
12,147
Single Family
11,492
Multi-Family
655
Businesses
1,690
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Listed by: Jesus Garza • Chuy Garza Real Estate
Mls Name: LAR
Mls Provider:
Mls ID: #20251102
Disclaimer: 2025 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.