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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 Von Ormy at 15602 Clove Spice Way, Von Ormy, TX, 78073 priced at $334,950 converts $4,624/mo rent into $2,213/mo cash flow after a $1,639/mo obligation. Total monthly income equals $4,624/mo, and annual cash flow totals $26,550/yr on $111,036 invested. Return on cash invested prints 43.82% in year one, and rental yield reads 16.57% against a $334,950 entry. Equity gained on principal adds $2,161/yr, while 5% annual appreciation compiles into $92,541 by year five. Five-year ROI reaches 232.4% and total cumulative return in cash sums $258,053. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,624/mo property income covering a $1,639/mo payment, not borrower’s personal income.
Single Family
Built in 2023
5,227 sqft lot
$N/A/sqft
$360 annually HOA
Neighborhood data shown for ZIP Code: 78073, Von Ormy, TX area.
| 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 |
Residential
4,259
Single Family
3,837
Multi-Family
422
Businesses
155
Date | Event | Price |
|---|---|---|
| 2024-07-12 | Price change | $334,950 |
| 2024-07-09 | Price change | $345,950 |
| 2024-07-03 | Listed for sale | $346,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: R.J. Reyes • Keller Williams Heritage
Mls Name: SABOR
Mls Provider:
Mls ID: #1721216
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.
