3617 Chiapas StLaredoTX78046
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 3617 Chiapas St, Laredo, TX, 78046 earns $791/mo cash flow from $2,498/mo rent with a $1,175/mo payment. Total monthly income totals $2,498/mo, and annual cash flow totals $9,492/yr on $79,558 capital. ROI tracks 31.84% on current figures, and rental yield reads 12.49% at a $239,995 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,306 over five years. Five-year ROI reaches 168.1% and total cumulative return in cash sums $133,741. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,498/mo property income instead of your personal income.
Single Family
Built in 1995
7,960 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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Nearby investment properties with comparable prices
Listed by: Deissy Murillo Gonzalez • Weichert Realtors-Nash & Associates
Mls Name: LAR
Mls Provider:
Mls ID: #20241712
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.