Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 606 Valeria Loop, Laredo, TX, 78046 offers a 15.53% rental yield on a $115,000 purchase with $1,488/mo rent. Total monthly income registers $1,488/mo, and a $563/mo payment leaves $670/mo available for distribution. Annual cash flow reaches $8,041/yr on $38,123 to close, and return on cash invested stands at 41% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 217.31% and total cumulative return in cash at $82,845. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,488/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1997
4,515 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78046, Laredo, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,355 (100%) |
| Owner Occupied HU | 15,390 (72.1%) |
| Renter Occupied HU | 4,715 (22.1%) |
| Vacant Housing Units | 1,250 ( 5.9%) |
| Median Home Value | $167,576 |
| Average Home Value | $197,620 |
Residential
21,533
Single Family
20,950
Multi-Family
583
Businesses
426
Date | Event | Price |
|---|---|---|
| 2024-11-19 | Listed for sale | $115,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-21 | N/A | N/A | $9,908 | N/A |
| 2023-11-21 | $64.67 | 6.45% | $9,908 | 10.56% |
| 2022-11-21 | $60.75 | 13.07% | $8,962 | 21.65% |
What's Special
None
Listed by: Leo Saenz • Better Homes & Gardens Real Estate
Mls Name: LAR
Mls Provider:
Mls ID: #20244634
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.
