302 Meadowbrook 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 302 Meadowbrook Ln, Ore City, TX, 75683 earns $417/mo cash flow from $2,678/mo rent with a $1,556/mo payment. Total monthly income totals $2,678/mo, and annual cash flow totals $5,005/yr on $105,417 capital. ROI tracks 24.66% on current figures, and rental yield reads 10.11% at a $318,000 purchase. Equity gained on principal adds $2,052/yr, and 5% annual appreciation supports $87,858 over five years. Five-year ROI reaches 129.55% and total cumulative return in cash sums $136,571. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,678/mo property income instead of your personal income.
Single Family
Built in 2003
0.92 Acres 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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