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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 Laredo at 1120 Scott St, Laredo, TX, 78040 offers $1,096/mo rent that, after a $514/mo payment, leaves $349/mo cash flow. Total monthly income is $1,096/mo, and annual cash flow is $4,191/yr on $34,808 cash. Return on cash invested measures 31.95% in year one, and rental yield stands at 12.53% at a $105,000 entry. Equity gained on principal adds $678/yr while 5% annual appreciation compounds into $29,010 by year five. Five-year ROI records 168.73% and total cumulative return in cash reaches $58,730. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,096/mo property income versus a $514/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in N/A
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78040, Laredo, TX area.
| 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 |
Residential
12,147
Single Family
11,492
Multi-Family
655
Businesses
1,690
Date | Event | Price |
|---|---|---|
| 2025-04-03 | Listed for sale | $105,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-03 | $571.71 | 5.17% | $91,121 | 9.41% |
| 2023-04-03 | $543.59 | 13.18% | $83,286 | 17.54% |
| 2022-04-03 | $480.29 | 1.01% | $70,856 | 8.69% |
No similar price properties found nearby.
Listed by: Elijah Nora • Gabali Realty
Mls Name: LAR
Mls Provider:
Mls ID: #20251441
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.
