2407 Old Spanish TrlLaredoTX78046
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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 2407 Old Spanish Trl, Laredo, TX, 78046 with 5% annual appreciation on a $219,900 basis while $2,126/mo rent supports operations. Total monthly income totals $2,126/mo and a $1,076/mo payment preserves $563/mo for cash returns. Annual cash flow comes to $6,751/yr on $72,897 deployed, and return on cash invested reaches 29.17% in year one. Equity gained on principal adds $1,419/yr, and five-year appreciation sums $60,754 alongside rental yield of 11.6%. Five-year ROI measures 153.72% and total cumulative return in cash totals $112,060.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,126/mo property income versus a $1,076/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
4,507 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78046, Laredo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,355 (100%) |
| Owner Occupied HU | 15,390 (72.1%) |
| Renter Occupied HU | 4,715 (22.1%) |
| Vacant Housing Units | 1,250 ( 5.9%) |
| Median Home Value | $167,576 |
| Average Home Value | $197,620 |
Housing Distribution
Address Breakdown
Residential
21,533
Single Family
20,950
Multi-Family
583
Businesses
426
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Listed by: Dante Gonzalez • Dante Gonzalez Realty Group
Mls Name: LAR
Mls Provider:
Mls ID: #20244996
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.