3612 Octavia DrLaredoTX78046
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 3612 Octavia Dr, Laredo, TX, 78046 uses $72,930 cash to close to unlock $5,440/yr annual cash flow and $453/mo monthly cash flow. Total monthly income runs $2,018/mo, and a $1,077/mo payment keeps the spread at $453/mo. Purchase price stands at $219,999, and rental yield measures 11.01% with $2,018/mo rent. Return on cash invested shows 27.37% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 144.1% and total cumulative return in cash records $105,095. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,018/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 2021
4,620 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices