201 Glen Cook DrLaredoTX78041
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 201 Glen Cook Dr, Laredo, TX, 78041 priced at $349,000 converts $3,732/mo rent into $1,230/mo cash flow after a $1,708/mo obligation. Total monthly income equals $3,732/mo, and annual cash flow totals $14,755/yr on $115,694 invested. Return on cash invested prints 32.66% in year one, and rental yield reads 12.83% against a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation compiles into $96,422 by year five. Five-year ROI reaches 172.54% and total cumulative return in cash sums $199,620. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,732/mo property income covering a $1,708/mo payment, not borrower’s personal income.
Single Family
Built in 2019
6,208 sqft lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78041, Laredo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,133 (100%) |
| Owner Occupied HU | 9,039 (49.8%) |
| Renter Occupied HU | 7,591 (41.9%) |
| Vacant Housing Units | 1,503 ( 8.3%) |
| Median Home Value | $247,918 |
| Average Home Value | $286,595 |
Housing Distribution
Address Breakdown
Residential
17,176
Single Family
14,391
Multi-Family
2,785
Businesses
2,929
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: D. Michelle Guerra • MG Texas Real Estate
Mls Name: LAR
Mls Provider:
Mls ID: #20242832
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.