1414 Garfield 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 1414 Garfield St, Laredo, TX, 78040 offers a 10.84% rental yield on a $195,000 purchase with $1,762/mo rent. Total monthly income registers $1,762/mo, and a $954/mo payment leaves $376/mo available for distribution. Annual cash flow reaches $4,509/yr on $64,643 to close, and return on cash invested stands at 26.88% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 141.47% and total cumulative return in cash at $91,450. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,762/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
9,584 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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