1419 E Gustavus St APT 43LaredoTX78040
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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 1419 E Gustavus St APT 43, Laredo, TX, 78040 uses $44,753 cash to close to unlock $897/yr annual cash flow and $75/mo monthly cash flow. Total monthly income runs $1,035/mo, and a $661/mo payment keeps the spread at $75/mo. Purchase price stands at $135,000, and rental yield measures 9.2% with $1,035/mo rent. Return on cash invested shows 21.91% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 114.85% and total cumulative return in cash records $51,397. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,035/mo property income covering a $661/mo payment rather than investor’s personal income.
Townhouse
Built in 1999
1,999 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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