508 Scissor Tail CirLaredoTX78045
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Laredo at 508 Scissor Tail Cir, Laredo, TX, 78045 offers $2,718/mo rent that, after a $1,395/mo payment, leaves $427/mo cash flow. Total monthly income is $2,718/mo, and annual cash flow is $5,127/yr on $94,478 cash. Return on cash invested measures 25.34% in year one, and rental yield stands at 11.44% at a $285,000 entry. Equity gained on principal adds $1,839/yr while 5% annual appreciation compounds into $78,740 by year five. Five-year ROI records 134.4% and total cumulative return in cash reaches $126,978. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,718/mo property income versus a $1,395/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
8,313 sqft lot
$N/A/sqft
$264 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78045, Laredo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,093 (100%) |
| Owner Occupied HU | 16,632 (75.3%) |
| Renter Occupied HU | 4,594 (20.8%) |
| Vacant Housing Units | 867 ( 3.9%) |
| Median Home Value | $251,630 |
| Average Home Value | $271,402 |
Housing Distribution
Address Breakdown
Residential
21,940
Single Family
17,982
Multi-Family
3,958
Businesses
2,349
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kerissa Vela • RE/MAX Real Estate Services
Mls Name: LAR
Mls Provider:
Mls ID: #20251760
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.