704 Laredo StLaredoTX78040
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 704 Laredo St, Laredo, TX, 78040 in Laredo, $170,000, 8.86% gross yield, $46/mo net income. Consider it a market-entry position, the $1,255/mo rent covers the $764/mo payment with a margin, and 5%/yr appreciation is projected to add $46,968 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.64) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $68,172.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.2% |
| Monthly Cash Flow | $46 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,255 |
| Total Monthly Debt Service | $1,141 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in N/A
6,348 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78040, Laredo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,711 (100%) |
| Owner Occupied HU | 5,276 (38.5%) |
| Renter Occupied HU | 6,733 (49.1%) |
| Vacant Housing Units | 1,702 (12.4%) |
| Median Home Value | $142,151 |
| Average Home Value | $183,159 |
Housing Distribution
Address Breakdown
Residential
12,147
Single Family
11,492
Multi-Family
655
Businesses
1,690
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in N/A
6,348 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78040, Laredo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,711 (100%) |
| Owner Occupied HU | 5,276 (38.5%) |
| Renter Occupied HU | 6,733 (49.1%) |
| Vacant Housing Units | 1,702 (12.4%) |
| Median Home Value | $142,151 |
| Average Home Value | $183,159 |
Housing Distribution
Address Breakdown
Residential
12,147
Single Family
11,492
Multi-Family
655
Businesses
1,690
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ninfa Gutierrez • Keller Williams Laredo
Mls Name: LAR
Mls Provider:
Mls ID: #20250478
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.