531 Altozano DrLaredoTX78045
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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
Rental property for sale in Laredo at 531 Altozano Dr, Laredo, TX, 78045 generates $5,719/mo in rent and, after a $2,080/mo payment, leaves $2,679/mo in cash flow. Total monthly income is $5,719/mo, and annual cash flow is $32,143/yr on $140,888 invested. Return on cash invested sits at 42.72% in year one, and rental yield is 16.15% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 226.46% and total cumulative return in cash sums $319,049. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,719/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
6,325 sqft lot
$N/A/sqft
$220 annually 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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Listed by: Elizabeth O'conor • Coldwell Banker Ana Ochoa & Co
Mls Name: LAR
Mls Provider:
Mls ID: #20243317
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.