2416 Maida LnLaredoTX78046
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
Investment property for sale in Laredo at 2416 Maida Ln, Laredo, TX, 78046 at $188,500 posts ROI 25.08% with $269/mo cash flow from $1,610/mo rent. Total monthly income equals $1,610/mo, and annual cash flow records $3,230/yr on $62,488 to close. Return on cash invested measures 25.08% and rental yield reads 10.25% at the current $188,500. Equity gained on principal adds $1,216/yr, and 5% annual appreciation supports $52,079 by year five. Five-year ROI prints 131.85% and total cumulative return in cash totals $82,389.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,610/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2001
4,500 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nathalie Ibarra • Texas Elite Realty Group
Mls Name: LAR
Mls Provider:
Mls ID: #20244528
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.