209 Corral DrLaredoTX78045
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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 209 Corral Dr, Laredo, TX, 78045 offers $1,891/mo rent that, after a $979/mo payment, leaves $469/mo cash flow. Total monthly income is $1,891/mo, and annual cash flow is $5,624/yr on $66,300 cash. Return on cash invested measures 28.39% in year one, and rental yield stands at 11.35% at a $200,000 entry. Equity gained on principal adds $1,291/yr while 5% annual appreciation compounds into $55,256 by year five. Five-year ROI records 149.57% and total cumulative return in cash reaches $99,164. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,891/mo property income versus a $979/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
5,890 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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