1618 San Ignacio AveLaredoTX78040
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Laredo at 1618 San Ignacio Ave, Laredo, TX, 78040 earns $2,057/mo cash flow from $2,910/mo rent with a $587/mo payment. Total monthly income totals $2,910/mo, and annual cash flow totals $24,684/yr on $39,780 capital. ROI tracks 81.96% on current figures, and rental yield reads 29.1% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 436.76% and total cumulative return in cash sums $173,743. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,910/mo property income instead of your personal income.
Single Family
Built in 1972
6,426 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78040, Laredo, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
12,147
Single Family
11,492
Multi-Family
655
Businesses
1,690
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Listed by: Rolando Garcia • BDBG Real Estate Group
Mls Name: LAR
Mls Provider:
Mls ID: #20242244
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.