427 Baffin Bay DrLaredoTX78041
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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 427 Baffin Bay Dr, Laredo, TX, 78041 at $397,300 posts ROI 21.49% with $173/mo cash flow from $3,037/mo rent. Total monthly income equals $3,037/mo, and annual cash flow records $2,080/yr on $131,705 to close. Return on cash invested measures 21.49% and rental yield reads 9.17% at the current $397,300. Equity gained on principal adds $2,564/yr, and 5% annual appreciation supports $109,767 by year five. Five-year ROI prints 112.66% and total cumulative return in cash totals $148,376.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,037/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2002
8,407 sqft lot
$N/A/sqft
$38 monthly 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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