2502 E Montgomery St #14BLaredoTX78043
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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 2502 E Montgomery St #14B, Laredo, TX, 78043 uses $59,007 cash to close to unlock $845/yr annual cash flow and $70/mo monthly cash flow. Total monthly income runs $1,336/mo, and a $871/mo payment keeps the spread at $70/mo. Purchase price stands at $178,000, and rental yield measures 9.01% with $1,336/mo rent. Return on cash invested shows 21.34% in year one, and 5% annual appreciation builds toward $49,178 over five years. Five-year ROI reaches 111.77% and total cumulative return in cash records $65,953. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,336/mo property income covering a $871/mo payment rather than investor’s personal income.
Townhouse
Built in 1972
2,247 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78043, Laredo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,662 (100%) |
| Owner Occupied HU | 7,965 (54.3%) |
| Renter Occupied HU | 5,624 (38.4%) |
| Vacant Housing Units | 1,073 ( 7.3%) |
| Median Home Value | $181,449 |
| Average Home Value | $227,965 |
Housing Distribution
Address Breakdown
Residential
13,709
Single Family
12,545
Multi-Family
1,164
Businesses
920
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