3210 Pecan StLaredoTX78046
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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 3210 Pecan St, Laredo, TX, 78046 priced at $120,000 converts $948/mo rent into $95/mo cash flow after a $587/mo obligation. Total monthly income equals $948/mo, and annual cash flow totals $1,140/yr on $39,780 invested. Return on cash invested prints 22.77% in year one, and rental yield reads 9.48% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 119.41% and total cumulative return in cash sums $47,503. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $948/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1968
3,630 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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