1413 E Plum 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 1413 E Plum St, Laredo, TX, 78040 listed at $192,500 pairs $1,884/mo rent with a $942/mo payment to leave $515/mo cash flow. Total monthly income runs $1,884/mo, and annual cash flow reaches $6,183/yr on $63,814 cash to close. Return on cash invested measures 29.6% in year one, and rental yield registers 11.74% at a $192,500 basis. Equity gained on principal adds $1,242/yr, and annual property appreciation at 5% supports $53,184 by year five. Five-year ROI tracks 156.07% and total cumulative return in cash totals $99,593. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,884/mo property income relative to a $942/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
7,710 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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