2008 Coronado PlOrangeTX77630
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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
Rental property for sale in Orange at 2008 Coronado Pl, Orange, TX, 77630 priced at $185,000 converts $1,511/mo rent into $196/mo cash flow after a $905/mo obligation. Total monthly income equals $1,511/mo, and annual cash flow totals $2,351/yr on $61,328 invested. Return on cash invested prints 23.74% in year one, and rental yield reads 9.8% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 124.61% and total cumulative return in cash sums $76,419. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,511/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in N/A
8,160 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77630, Orange, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,879 (100%) |
| Owner Occupied HU | 7,706 (55.5%) |
| Renter Occupied HU | 4,111 (29.6%) |
| Vacant Housing Units | 2,062 (14.9%) |
| Median Home Value | $215,485 |
| Average Home Value | $239,343 |
Housing Distribution
Address Breakdown
Residential
12,085
Single Family
10,962
Multi-Family
1,123
Businesses
903
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Listed by: Nury Ruiz • LPT Realty, LLC
Mls Name: BBOR
Mls Provider:
Mls ID: #254236
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is 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.