510 Starling Creek LoopLaredoTX78045
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
Investment property for sale in Laredo at 510 Starling Creek Loop, Laredo, TX, 78045 uses $101,108 cash to close to unlock $21,935/yr annual cash flow and $1,828/mo monthly cash flow. Total monthly income runs $4,240/mo, and a $1,493/mo payment keeps the spread at $1,828/mo. Purchase price stands at $305,000, and rental yield measures 16.68% with $4,240/mo rent. Return on cash invested shows 41.6% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 221.42% and total cumulative return in cash records $223,870. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,240/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Single Family
Built in 2014
6,848 sqft lot
$N/A/sqft
$243 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: Diana Montante • Leonelo Cruz Real Estate Com
Mls Name: LAR
Mls Provider:
Mls ID: #20242970
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.