1920 Madison StLaredoTX78040
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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 1920 Madison St, Laredo, TX, 78040 earns from $2,297/mo rent with a $1,806/mo payment. Total monthly income totals $2,297/mo. ROI tracks 16.7% on current figures, and rental yield reads 7.47% at a $369,000 purchase. Equity gained on principal adds $2,381/yr, and 5% annual appreciation supports $101,948 over five years. Five-year ROI reaches 86.89% and total cumulative return in cash sums $106,287. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,297/mo property income instead of your personal income.
Multi Family
Built in N/A
5,662 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: Cindy Cantu • Coldwell Banker Ana Ochoa & Co
Mls Name: LAR
Mls Provider:
Mls ID: #20240438
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.