2716 Purdy CtLaredoTX78046
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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 2716 Purdy Ct, Laredo, TX, 78046 uses $77,903 cash to close to unlock $2,149/yr annual cash flow and $179/mo monthly cash flow. Total monthly income runs $1,850/mo, and a $1,150/mo payment keeps the spread at $179/mo. Purchase price stands at $235,000, and rental yield measures 9.45% with $1,850/mo rent. Return on cash invested shows 22.67% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 118.91% and total cumulative return in cash records $92,632. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,850/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 2018
6,478 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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