232 Chrystal LnOre CityTX75683
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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 Ore City at 232 Chrystal Ln, Ore City, TX, 75683 at $299,900 posts ROI 20.24% with $28/mo cash flow from $2,314/mo rent. Total monthly income equals $2,314/mo, and annual cash flow records $330/yr on $99,417 to close. Return on cash invested measures 20.24% and rental yield reads 9.26% at the current $299,900. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 by year five. Five-year ROI prints 106.53% and total cumulative return in cash totals $105,904.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,314/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75683, Ore City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,858 (100%) |
| Owner Occupied HU | 1,209 (65.1%) |
| Renter Occupied HU | 374 (20.1%) |
| Vacant Housing Units | 275 (14.8%) |
| Median Home Value | $116,435 |
| Average Home Value | $166,239 |
Housing Distribution
Address Breakdown
Residential
1,447
Single Family
1,447
Multi-Family
0
Businesses
93
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Listed by: Kimberly Buettner • Texas Real Estate Executives-Gilmer
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24007659
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.