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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Laredo at 508 Pitaya Dr, Laredo, TX, 78046 offers a 9.01% rental yield on a $103,000 purchase with $773/mo rent. Total monthly income registers $773/mo, and a $504/mo payment leaves $41/mo available for distribution. Annual cash flow reaches $488/yr on $34,145 to close, and return on cash invested stands at 21.34% in year one. Equity gained on principal adds $665/yr while 5% annual appreciation supports $28,457 over five years. Portfolio math shows five-year ROI at 111.75% and total cumulative return in cash at $38,158. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $773/mo property income against a $504/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1999
4,675 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78046, Laredo, TX area.
| 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 |
Residential
21,533
Single Family
20,950
Multi-Family
583
Businesses
426
Date | Event | Price |
|---|---|---|
| 2024-09-17 | Price change | $103,000 |
| 2024-09-03 | Listed for sale | $108,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2019-02-12 | $4014.00 | N/A | $5,420 | -60.61% |
| 2018-02-12 | N/A | N/A | $13,760 | -8.57% |
| 2017-02-12 | $113.29 | -0.65% | $15,050 | N/A |
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What's Special
None
Listed by: Jaime Ramirez • Del Realty
Mls Name: LAR
Mls Provider:
Mls ID: #20243523
Disclaimer: 2025 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.
