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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 1511 San Enrique Ave, Laredo, TX, 78040 generates $845/mo in rent and, after a $524/mo payment, leaves $84/mo in cash flow. Total monthly income is $845/mo, and annual cash flow is $1,006/yr on $35,471 invested. Return on cash invested sits at 22.74% in year one, and rental yield is 9.48% on a $107,000 entry. Equity gained on principal adds $690/yr, while 5% annual appreciation builds toward $29,562 over five years. Five-year ROI reaches 119.3% and total cumulative return in cash sums $42,318. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $845/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
4,340 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 |
|---|---|---|
| 2025-09-01 | Listed for sale | $107,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-01 | N/A | N/A | $66,137 | 19.55% |
| 2023-09-01 | $361.08 | 7.07% | $55,323 | 11.20% |
| 2022-09-01 | $337.23 | 2.22% | $49,752 | 10.00% |
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What's Special
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Listed by: Ernesto Rendon • Texas Elite Realty Group
Mls Name: LAR
Mls Provider:
Mls ID: #20253762
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.
