2517 Santa Rita AveLaredoTX78040
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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 2517 Santa Rita Ave, Laredo, TX, 78040 uses $41,438 cash to close to unlock $3,851/yr annual cash flow and $321/mo monthly cash flow. Total monthly income runs $1,210/mo, and a $612/mo payment keeps the spread at $321/mo. Purchase price stands at $125,000, and rental yield measures 11.62% with $1,210/mo rent. Return on cash invested shows 29.2% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 153.9% and total cumulative return in cash records $63,773. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,210/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1954
5,788 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78040, Laredo, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
12,147
Single Family
11,492
Multi-Family
655
Businesses
1,690
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