305 Deer Path LoopLaredoTX78045
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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
Rental property for sale in Laredo at 305 Deer Path Loop, Laredo, TX, 78045 priced at $369,000 converts $2,726/mo rent into $77/mo cash flow after a $1,806/mo obligation. Total monthly income equals $2,726/mo, and annual cash flow totals $925/yr on $122,324 invested. Return on cash invested prints 20.66% in year one, and rental yield reads 8.87% against a $369,000 entry. Equity gained on principal adds $2,381/yr, while 5% annual appreciation compiles into $101,948 by year five. Five-year ROI reaches 108.22% and total cumulative return in cash sums $132,375. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,726/mo property income covering a $1,806/mo payment, not borrower’s personal income.
Single Family
Built in 2023
3,041 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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Listed by: Federico Volkmer • Keller Williams City-View
Mls Name: LAR
Mls Provider:
Mls ID: #20242119
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.