4707 Canyon Creek CirLaredoTX78041
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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 4707 Canyon Creek Cir, Laredo, TX, 78041 offers a 9.1% rental yield on a $339,999 purchase with $2,578/mo rent. Total monthly income registers $2,578/mo, and a $1,664/mo payment leaves $127/mo available for distribution. Annual cash flow reaches $1,524/yr on $112,710 to close, and return on cash invested stands at 21.26% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,935 over five years. Portfolio math shows five-year ROI at 111.47% and total cumulative return in cash at $125,634. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,578/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
0.29 Acres lot
$N/A/sqft
$400 annually 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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Listed by: Felipe Ramirez • Keller Williams Laredo
Mls Name: LAR
Mls Provider:
Mls ID: #20244090
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.