2040 Port Miami StLaredoTX78045
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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
Rental property for sale in Laredo at 2040 Port Miami St, Laredo, TX, 78045 generates $1,654/mo in rent, after a $1,204/mo payment. Total monthly income is $1,654/mo. Return on cash invested sits at 18.51% in year one, and rental yield is 8.07% on a $245,900 entry. Equity gained on principal adds $1,587/yr, while 5% annual appreciation builds toward $67,938 over five years. Five-year ROI reaches 96.55% and total cumulative return in cash sums $78,703. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,654/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
4,617 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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