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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Laredo at 607 Buckwheat Dr, Laredo, TX, 78046 priced at $119,000 pairs $932/mo rent with $86/mo cash flow after a $582/mo payment. Total monthly income equals $932/mo, and annual cash flow comes to $1,035/yr on $39,449 invested. Return on cash invested is 22.53% in year one, and rental yield stands at 9.4% on a $119,000 basis. Equity gained on principal adds $768/yr, and 5% annual appreciation accumulates to $32,878 by year five. Five-year ROI measures 118.19% and total cumulative return in cash reaches $46,625. For financing, Ziffy Mortgage’s DSCR program evaluates $932/mo property income against a $582/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2007
4,620 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 |
|---|---|---|
| 2024-12-12 | Price change | $119,000 |
| 2024-10-01 | Listed for sale | $125,000 |
| 2023-04-18 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | N/A | N/A | $42,504 | 42.86% |
| 2023-02-12 | $194.19 | -3.71% | $29,753 | N/A |
| 2022-02-12 | $201.68 | 9.45% | $29,753 | 17.78% |
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What's Special
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Listed by: D. Michelle Guerra • MG Texas Real Estate
Mls Name: LAR
Mls Provider:
Mls ID: #20243923
Disclaimer: 2025 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.
