Cove Plan, Village SouthLaredoTX78046
Nearby investment properties with comparable rents
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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 Cove Plan, Village South, Laredo, TX, 78046 at $236,000 posts ROI 29.23% with $608/mo cash flow from $2,286/mo rent. Total monthly income equals $2,286/mo, and annual cash flow records $7,294/yr on $78,234 to close. Return on cash invested measures 29.23% and rental yield reads 11.62% at the current $236,000. Equity gained on principal adds $1,523/yr, and 5% annual appreciation supports $65,202 by year five. Five-year ROI prints 154.05% and total cumulative return in cash totals $120,522.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,286/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78046, Laredo, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
21,533
Single Family
20,950
Multi-Family
583
Businesses
426
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