504 Gale St #D403LaredoTX78041
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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 504 Gale St #D403, Laredo, TX, 78041 offers a 10.89% rental yield on a $254,000 purchase with $2,305/mo rent. Total monthly income registers $2,305/mo, and a $1,243/mo payment leaves $499/mo available for distribution. Annual cash flow reaches $5,988/yr on $84,201 to close, and return on cash invested stands at 27.02% in year one. Equity gained on principal adds $1,639/yr while 5% annual appreciation supports $70,176 over five years. Portfolio math shows five-year ROI at 142.18% and total cumulative return in cash at $119,718. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,305/mo property income against a $1,243/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2024
3,372 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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