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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 520 Okane St, Laredo, TX, 78040 listed at $105,000 pairs $922/mo rent with a $514/mo payment to leave $175/mo cash flow. Total monthly income runs $922/mo, and annual cash flow reaches $2,103/yr on $34,808 cash to close. Return on cash invested measures 25.95% in year one, and rental yield registers 10.54% at a $105,000 basis. Equity gained on principal adds $678/yr, and annual property appreciation at 5% supports $29,010 by year five. Five-year ROI tracks 136.56% and total cumulative return in cash totals $47,534. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $922/mo property income relative to a $514/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1943
6,385 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78040, Laredo, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,711 (100%) |
| Owner Occupied HU | 5,276 (38.5%) |
| Renter Occupied HU | 6,733 (49.1%) |
| Vacant Housing Units | 1,702 (12.4%) |
| Median Home Value | $142,151 |
| Average Home Value | $183,159 |
Residential
12,147
Single Family
11,492
Multi-Family
655
Businesses
1,690
Date | Event | Price |
|---|---|---|
| 2025-01-08 | Price change | $105,000 |
| 2024-12-09 | Listed for sale | $120,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | N/A | N/A | $85,220 | 31.46% |
| 2023-02-12 | $423.10 | 6.30% | $64,825 | 10.39% |
| 2022-02-12 | $398.04 | 14.04% | $58,722 | 22.72% |
What's Special
None
Listed by: Gildo Rodriguez • Xecutive Realtors
Mls Name: LAR
Mls Provider:
Mls ID: #20244866
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.
