101 Iturbide StLaredoTX78040
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 101 Iturbide St, Laredo, TX, 78040 uses $48,068 cash to close to unlock $3,967/yr annual cash flow and $331/mo monthly cash flow. Total monthly income runs $1,362/mo, and a $710/mo payment keeps the spread at $331/mo. Purchase price stands at $145,000, and rental yield measures 11.27% with $1,362/mo rent. Return on cash invested shows 28.16% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 148.36% and total cumulative return in cash records $71,312. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,362/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in 1960
6,124 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandra Alaniz • RE/MAX Real Estate Services
Mls Name: LAR
Mls Provider:
Mls ID: #20250554
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.