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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Laredo at 3533 Pericles Ln, Laredo, TX, 78046 generates $885/mo in rent and, after a $563/mo payment, leaves $67/mo in cash flow. Total monthly income is $885/mo, and annual cash flow is $805/yr on $38,123 invested. Return on cash invested sits at 22.02% in year one, and rental yield is 9.23% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 115.52% and total cumulative return in cash sums $44,037. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $885/mo property income rather than buyer’s personal income.
Manufactured
Built in 1997
4,200 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78046, Laredo, TX area.
| 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 |
Residential
21,533
Single Family
20,950
Multi-Family
583
Businesses
426
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: D. Michelle Guerra • MG Texas Real Estate
Mls Name: LAR
Mls ID: #20253627
