601 Pinos CirLaredoTX78043
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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 601 Pinos Cir, Laredo, TX, 78043 priced at $259,900 converts $1,826/mo rent into after a $1,272/mo obligation. Total monthly income equals $1,826/mo. Return on cash invested prints 19.6% in year one, and rental yield reads 8.43% against a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation compiles into $71,806 by year five. Five-year ROI reaches 102.4% and total cumulative return in cash sums $88,222. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,826/mo property income covering a $1,272/mo payment, not borrower’s personal income.
Single Family
Built in 2006
5,264 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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