3664 E Del Mar Blvd APT 5BLaredoTX78041
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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
Investment property for sale in Laredo at 3664 E Del Mar Blvd APT 5B, Laredo, TX, 78041 uses $66,300 cash to close to unlock $5,192/yr annual cash flow and $433/mo monthly cash flow. Total monthly income runs $1,855/mo, and a $979/mo payment keeps the spread at $433/mo. Purchase price stands at $200,000, and rental yield measures 11.13% with $1,855/mo rent. Return on cash invested shows 27.74% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 146.08% and total cumulative return in cash records $96,848. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,855/mo property income covering a $979/mo payment rather than investor’s personal income.
Townhouse
Built in 2005
2,298 sqft lot
$N/A/sqft
No 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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