233 SpoonerOrangeTX77630
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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 233 Spooner, Orange, TX, 77630 priced at $148,800 converts $1,788/mo rent into $730/mo cash flow after a $728/mo obligation. Total monthly income equals $1,788/mo, and annual cash flow totals $8,762/yr on $49,327 invested. Return on cash invested prints 37.67% in year one, and rental yield reads 14.42% against a $148,800 entry. Equity gained on principal adds $960/yr, while 5% annual appreciation compiles into $41,111 by year five. Five-year ROI reaches 199.39% and total cumulative return in cash sums $98,353. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,788/mo property income covering a $728/mo payment, not borrower’s personal income.
Single Family
Built in 1984
0.50 Acres 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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