1401 E Gustavus St #24LaredoTX78040
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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 1401 E Gustavus St #24, Laredo, TX, 78040 earns $109/mo cash flow from $1,090/mo rent with a $675/mo payment. Total monthly income totals $1,090/mo, and annual cash flow totals $1,309/yr on $45,747 capital. ROI tracks 22.77% on current figures, and rental yield reads 9.48% at a $138,000 purchase. Equity gained on principal adds $890/yr, and 5% annual appreciation supports $38,127 over five years. Five-year ROI reaches 119.52% and total cumulative return in cash sums $54,678. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,090/mo property income instead of your personal income.
Townhouse
Built in 1993
1,488 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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