303 Michoacan LoopLaredoTX78045
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 303 Michoacan Loop, Laredo, TX, 78045 at $430,000 posts ROI 25.17% with $625/mo cash flow from $3,708/mo rent. Total monthly income equals $3,708/mo, and annual cash flow records $7,498/yr on $142,545 to close. Return on cash invested measures 25.17% and rental yield reads 10.35% at the current $430,000. Equity gained on principal adds $2,775/yr, and 5% annual appreciation supports $118,801 by year five. Five-year ROI prints 132.33% and total cumulative return in cash totals $188,631.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,708/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2010
9,461 sqft lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78045, Laredo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,093 (100%) |
| Owner Occupied HU | 16,632 (75.3%) |
| Renter Occupied HU | 4,594 (20.8%) |
| Vacant Housing Units | 867 ( 3.9%) |
| Median Home Value | $251,630 |
| Average Home Value | $271,402 |
Housing Distribution
Address Breakdown
Residential
21,940
Single Family
17,982
Multi-Family
3,958
Businesses
2,349
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Nearby investment properties with comparable prices
Listed by: Vicky Pineda • Coldwell Banker Ana Ochoa & Co
Mls Name: LAR
Mls Provider:
Mls ID: #20244623
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.