524 Norwich LoopLaredoTX78045
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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 524 Norwich Loop, Laredo, TX, 78045 uses $86,190 cash to close to unlock $4,820/yr annual cash flow and $402/mo monthly cash flow. Total monthly income runs $2,251/mo, and a $1,273/mo payment keeps the spread at $402/mo. Purchase price stands at $260,000, and rental yield measures 10.39% with $2,251/mo rent. Return on cash invested shows 25.5% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 134.05% and total cumulative return in cash records $115,541. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,251/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Single Family
Built in 1997
7,584 sqft lot
$N/A/sqft
No 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
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