405 Pitaya DrLaredoTX78046
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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 405 Pitaya Dr, Laredo, TX, 78046 earns $43/mo cash flow from $932/mo rent with a $612/mo payment. Total monthly income totals $932/mo, and annual cash flow totals $515/yr on $41,438 capital. ROI tracks 21.15% on current figures, and rental yield reads 8.95% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 110.69% and total cumulative return in cash sums $45,869. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $932/mo property income instead of your personal income.
Manufactured
Built in 1996
6,234 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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