15230 Waterow ViewVon OrmyTX78073
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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 Von Ormy at 15230 Waterow View, Von Ormy, TX, 78073 uses $89,140 cash to close to unlock $2,951/yr annual cash flow and $246/mo monthly cash flow. Total monthly income runs $2,158/mo, and a $1,316/mo payment keeps the spread at $246/mo. Purchase price stands at $268,900, and rental yield measures 9.63% with $2,158/mo rent. Return on cash invested shows 23.22% in year one, and 5% annual appreciation builds toward $74,292 over five years. Five-year ROI reaches 121.81% and total cumulative return in cash records $108,580. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,158/mo property income covering a $1,316/mo payment rather than investor’s personal income.
Single Family
Built in 2022
5,662 sqft lot
$N/A/sqft
No 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
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