








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 1615 Hidalgo St, Laredo, TX, 78040 generates $1,275/mo in rent and, after a $783/mo payment, leaves $138/mo in cash flow. Total monthly income is $1,275/mo, and annual cash flow is $1,651/yr on $53,007 invested. Return on cash invested sits at 23.02% in year one, and rental yield is 9.57% on a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 120.81% and total cumulative return in cash sums $64,038. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,275/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
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 |
|---|---|---|
| 2024-11-15 | Listed for sale | $159,900 |
| 2024-07-24 | Pending sale | $159,900 |
| 2023-09-05 | Price change | $159,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | N/A | N/A | $111,245 | 20.00% |
| 2023-02-12 | $605.06 | -3.71% | $92,704 | N/A |
| 2022-02-12 | $628.39 | 5.03% | $92,704 | 13.03% |



What's Special
None
Listed by: Felipe Ramirez • Keller Williams Laredo
Mls Name: LAR
Mls Provider:
Mls ID: #20244800
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.