109 Devonshire CtLaredoTX78041
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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
Rental property for sale in Laredo at 109 Devonshire Ct, Laredo, TX, 78041 priced at $720,000 pairs $2,669/mo rent with after a $3,524/mo payment. Total monthly income equals $2,669/mo. Return on cash invested is 7.64% in year one, and rental yield stands at 4.45% on a $720,000 basis. Equity gained on principal adds $4,646/yr, and 5% annual appreciation accumulates to $198,923 by year five. Five-year ROI measures 38.25% and total cumulative return in cash reaches $90,595. For financing, Ziffy Mortgage’s DSCR program evaluates $2,669/mo property income against a $3,524/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78041, Laredo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,133 (100%) |
| Owner Occupied HU | 9,039 (49.8%) |
| Renter Occupied HU | 7,591 (41.9%) |
| Vacant Housing Units | 1,503 ( 8.3%) |
| Median Home Value | $247,918 |
| Average Home Value | $286,595 |
Housing Distribution
Address Breakdown
Residential
17,176
Single Family
14,391
Multi-Family
2,785
Businesses
2,929
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