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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 1520 Iturbide St, Laredo, TX, 78040 with 5% annual appreciation on a $145,000 basis while $1,529/mo rent supports operations. Total monthly income totals $1,529/mo and a $710/mo payment preserves $498/mo for cash returns. Annual cash flow comes to $5,971/yr on $48,068 deployed, and return on cash invested reaches 32.33% in year one. Equity gained on principal adds $936/yr, and five-year appreciation sums $40,061 alongside rental yield of 12.65%. Five-year ROI measures 170.73% and total cumulative return in cash totals $82,064.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,529/mo property income versus a $710/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Victor Serna • The One Real Estate Brokerage LLC
Mls Name: LAR
Mls ID: #20253982
