314 Lake Powell DrLaredoTX78041
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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 314 Lake Powell Dr, Laredo, TX, 78041 priced at $839,900 pairs $4,530/mo rent with after a $4,111/mo payment. Total monthly income equals $4,530/mo. Return on cash invested is 13.58% in year one, and rental yield stands at 6.47% on a $839,900 basis. Equity gained on principal adds $5,420/yr, and 5% annual appreciation accumulates to $232,049 by year five. Five-year ROI measures 70.16% and total cumulative return in cash reaches $193,879. For financing, Ziffy Mortgage’s DSCR program evaluates $4,530/mo property income against a $4,111/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
0.27 Acres lot
$N/A/sqft
$150 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78041, Laredo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,133 (100%) |
| Owner Occupied HU | 9,039 (49.8%) |
| Renter Occupied HU | 7,591 (41.9%) |
| Vacant Housing Units | 1,503 ( 8.3%) |
| Median Home Value | $247,918 |
| Average Home Value | $286,595 |
Housing Distribution
Address Breakdown
Residential
17,176
Single Family
14,391
Multi-Family
2,785
Businesses
2,929
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Listed by: Laura Jacaman • Joyce C. Klein, REALTORS
Mls Name: LAR
Mls Provider:
Mls ID: #20242623
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.