207 Rio Grande DrLaredoTX78041
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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 207 Rio Grande Dr, Laredo, TX, 78041 with 5% annual appreciation on a $124,400 basis while $1,273/mo rent supports operations. Total monthly income totals $1,273/mo and a $609/mo payment preserves $388/mo for cash returns. Annual cash flow comes to $4,659/yr on $41,239 deployed, and return on cash invested reaches 31.21% in year one. Equity gained on principal adds $803/yr, and five-year appreciation sums $34,369 alongside rental yield of 12.28%. Five-year ROI measures 164.75% and total cumulative return in cash totals $67,941.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,273/mo property income versus a $609/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1982
6,110 sqft lot
$N/A/sqft
No 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
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Listed by: Rosalva Alva • Wright Property Services LLC
Mls Name: LAR
Mls Provider:
Mls ID: #20243365
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.