11823 Fading WayVon OrmyTX78073
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 11823 Fading Way, Von Ormy, TX, 78073 in Von Ormy: $2,017/mo in rent, $397/mo in net income, 11.21% gross yield, 2.08 DSCR, all at $216,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $59,677 in appreciation and $1,989/yr in principal paydown projects total cumulative return of $108,753.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 6.2% |
| Monthly Cash Flow | $397 | $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 | $2,017 |
| Total Monthly Debt Service | $1,534 |
| DSCR Ratio | 1.31x |
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.
Single Family
Built in 2024
6,316 sqft lot
$N/A/sqft
$84 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78073, Von Ormy, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,278 (100%) |
| Owner Occupied HU | 3,088 (72.2%) |
| Renter Occupied HU | 614 (14.4%) |
| Vacant Housing Units | 576 (13.5%) |
| Median Home Value | $222,500 |
| Average Home Value | $248,030 |
Housing Distribution
Address Breakdown
Residential
4,259
Single Family
3,837
Multi-Family
422
Businesses
155
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
Single Family
Built in 2024
6,316 sqft lot
$N/A/sqft
$84 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78073, Von Ormy, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,278 (100%) |
| Owner Occupied HU | 3,088 (72.2%) |
| Renter Occupied HU | 614 (14.4%) |
| Vacant Housing Units | 576 (13.5%) |
| Median Home Value | $222,500 |
| Average Home Value | $248,030 |
Housing Distribution
Address Breakdown
Residential
4,259
Single Family
3,837
Multi-Family
422
Businesses
155
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Mancha • eXp Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1893260
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.