207 Desert Palm DrLaredoTX78045
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 207 Desert Palm Dr, Laredo, TX, 78045 priced at $340,000 converts $2,418/mo rent into $0/mo cash flow after a $1,664/mo obligation. Total monthly income equals $2,418/mo, and annual cash flow totals $4/yr on $112,710 invested. Return on cash invested prints 19.91% in year one, and rental yield reads 8.53% against a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation compiles into $93,936 by year five. Five-year ROI reaches 104.1% and total cumulative return in cash sums $117,330. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,418/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in 2013
6,220 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices