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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% |
Investment property for sale in Laredo at 1513 Iturbide St, Laredo, TX, 78040 at $315,000 posts ROI 23.22% with $288/mo cash flow from $2,528/mo rent. Total monthly income equals $2,528/mo, and annual cash flow records $3,453/yr on $104,423 to close. Return on cash invested measures 23.22% and rental yield reads 9.63% at the current $315,000. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 by year five. Five-year ROI prints 121.78% and total cumulative return in cash totals $127,169.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,528/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in N/A
6,173 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 |
|---|---|---|
| 2024-07-14 | Listed for sale | $315,000 |
| 2023-03-01 | Listing removed | N/A |
| 2023-01-02 | Listed for sale | $275,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | N/A | N/A | $112,773 | 15.03% |
| 2022-08-13 | $664.52 | 5.30% | $98,036 | 13.32% |
| 2021-08-13 | $631.05 | -2.01% | $86,512 | -0.93% |
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Listed by: Joshua Soto • JS Imperio
Mls Name: LAR
Mls Provider:
Mls ID: #20242854
Disclaimer: 2024 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.
