1903 Calvillo DrLaredoTX78046
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Laredo at 1903 Calvillo Dr, Laredo, TX, 78046 priced at $263,500 converts $2,335/mo rent into $461/mo cash flow after a $1,290/mo obligation. Total monthly income equals $2,335/mo, and annual cash flow totals $5,531/yr on $87,350 invested. Return on cash invested prints 26.24% in year one, and rental yield reads 10.63% against a $263,500 entry. Equity gained on principal adds $1,700/yr, while 5% annual appreciation compiles into $72,800 by year five. Five-year ROI reaches 138% and total cumulative return in cash sums $120,540. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,335/mo property income covering a $1,290/mo payment, not borrower’s personal income.
Single Family
Built in 2021
4,950 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78046, Laredo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,355 (100%) |
| Owner Occupied HU | 15,390 (72.1%) |
| Renter Occupied HU | 4,715 (22.1%) |
| Vacant Housing Units | 1,250 ( 5.9%) |
| Median Home Value | $167,576 |
| Average Home Value | $197,620 |
Housing Distribution
Address Breakdown
Residential
21,533
Single Family
20,950
Multi-Family
583
Businesses
426
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Listed by: Tere Santos • Tere Santos Real Estate LLC
Mls Name: LAR
Mls Provider:
Mls ID: #20244876
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.