201 Welland Dr #2LaredoTX78045
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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 201 Welland Dr #2, Laredo, TX, 78045 offers a 15.67% rental yield on a $232,000 purchase with $3,030/mo rent. Total monthly income registers $3,030/mo, and a $1,136/mo payment leaves $1,380/mo available for distribution. Annual cash flow reaches $16,557/yr on $76,908 to close, and return on cash invested stands at 41.44% in year one. Equity gained on principal adds $1,497/yr while 5% annual appreciation supports $64,097 over five years. Portfolio math shows five-year ROI at 219.5% and total cumulative return in cash at $168,815. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,030/mo property income against a $1,136/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2021
2,425 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78045, Laredo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,093 (100%) |
| Owner Occupied HU | 16,632 (75.3%) |
| Renter Occupied HU | 4,594 (20.8%) |
| Vacant Housing Units | 867 ( 3.9%) |
| Median Home Value | $251,630 |
| Average Home Value | $271,402 |
Housing Distribution
Address Breakdown
Residential
21,940
Single Family
17,982
Multi-Family
3,958
Businesses
2,349
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Listed by: Selma Martinez • Selma D. Martinez Realty LLC
Mls Name: LAR
Mls Provider:
Mls ID: #20243100
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.