Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
No similar rental properties found nearby.
No similar price properties found nearby.
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in El Cenizo at 509 Hernandez, El Cenizo, TX, 78046 priced at $120,000 converts $2,144/mo rent into $1,291/mo cash flow after a $587/mo obligation. Total monthly income equals $2,144/mo, and annual cash flow totals $15,492/yr on $39,780 invested. Return on cash invested prints 58.85% in year one, and rental yield reads 21.44% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 312.87% and total cumulative return in cash sums $124,459. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,144/mo property income covering a $587/mo payment, not borrower’s personal income.
Manufactured
Built in 2019
0.30 Acres 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 |
|---|---|---|
| 2024-07-15 | Listed for sale | $120,000 |
| 2013-05-15 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $60.16 | N/A | $16,675 | 10.00% |
| 2022-08-14 | N/A | N/A | $15,159 | -7.23% |
| 2021-08-14 | $71.90 | 4.35% | $16,340 | 18.58% |
No similar rental properties found nearby.
No similar price properties found nearby.
What's Special
None
Listed by: Mark Dominguez • RE/MAX Real Estate Services
Mls Name: LAR
Mls Provider:
Mls ID: #20242862
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.
