5403 Espada DrLaredoTX78043
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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 5403 Espada Dr, Laredo, TX, 78043 with 5% annual appreciation on a $340,000 basis while $2,941/mo rent supports operations. Total monthly income totals $2,941/mo and a $1,664/mo payment preserves $523/mo for cash returns. Annual cash flow comes to $6,280/yr on $112,710 deployed, and return on cash invested reaches 25.48% in year one. Equity gained on principal adds $2,194/yr, and five-year appreciation sums $93,936 alongside rental yield of 10.38%. Five-year ROI measures 133.95% and total cumulative return in cash totals $150,978.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,941/mo property income versus a $1,664/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2013
7,797 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78043, Laredo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,662 (100%) |
| Owner Occupied HU | 7,965 (54.3%) |
| Renter Occupied HU | 5,624 (38.4%) |
| Vacant Housing Units | 1,073 ( 7.3%) |
| Median Home Value | $181,449 |
| Average Home Value | $227,965 |
Housing Distribution
Address Breakdown
Residential
13,709
Single Family
12,545
Multi-Family
1,164
Businesses
920
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Listed by: Charles Dalrymple • Texas Elite Realty Group
Mls Name: LAR
Mls Provider:
Mls ID: #20243076
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.