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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Laredo at 216 Lincoln St, Laredo, TX, 78040 at $100,000 posts ROI 22.13% with $61/mo cash flow from $772/mo rent. Total monthly income equals $772/mo, and annual cash flow records $736/yr on $33,150 to close. Return on cash invested measures 22.13% and rental yield reads 9.26% at the current $100,000. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 by year five. Five-year ROI prints 116.07% and total cumulative return in cash totals $38,476.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $772/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1924
3,087 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78040, Laredo, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,711 (100%) |
| Owner Occupied HU | 5,276 (38.5%) |
| Renter Occupied HU | 6,733 (49.1%) |
| Vacant Housing Units | 1,702 (12.4%) |
| Median Home Value | $142,151 |
| Average Home Value | $183,159 |
Residential
12,147
Single Family
11,492
Multi-Family
655
Businesses
1,690
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Listed by: Jose Sanchez • Keller Williams Laredo
Mls Name: LAR
Mls ID: #20253549
