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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 1517 Garcia St, Laredo, TX, 78040 uses $86,157 cash to close to unlock $9,995/yr annual cash flow and $833/mo monthly cash flow. Total monthly income runs $2,681/mo, and a $1,272/mo payment keeps the spread at $833/mo. Purchase price stands at $259,900, and rental yield measures 12.38% with $2,681/mo rent. Return on cash invested shows 31.51% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 166.26% and total cumulative return in cash records $143,242. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,681/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Multi Family
Built in N/A
6,510 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Cindy Cantu • Coldwell Banker Ana Ochoa & Co
Mls Name: LAR
Mls ID: #20254552
