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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% |
Rental property for sale in Laredo at 1912 Washington St, Laredo, TX, 78040 priced at $279,000 converts $1,604/mo rent into after a $1,366/mo obligation. Total monthly income equals $1,604/mo. Return on cash invested prints 14.97% in year one, and rental yield reads 6.9% against a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation compiles into $77,083 by year five. Five-year ROI reaches 77.6% and total cumulative return in cash sums $71,767. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,604/mo property income covering a $1,366/mo payment, not borrower’s personal income.
Multi Family
Built in N/A
3,473 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 |
|---|---|---|
| 2025-06-11 | Listed for sale | $279,000 |
| 2025-06-01 | Listing removed | $275,000 |
| 2024-11-26 | Listed for sale | $275,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-11 | N/A | N/A | $84,101 | 7.82% |
| 2023-06-11 | N/A | N/A | $78,004 | 16.00% |
| 2022-06-11 | $455.82 | 0.77% | $67,247 | 8.44% |
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Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
