306 E Soyars AveOrange GroveTX78372
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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 Grove at 306 E Soyars Ave, Orange Grove, TX, 78372 offers $2,106/mo rent that, after a $1,238/mo payment, leaves $307/mo cash flow. Total monthly income is $2,106/mo, and annual cash flow is $3,686/yr on $83,870 cash. Return on cash invested measures 24.3% in year one, and rental yield stands at 9.99% at a $253,000 entry. Equity gained on principal adds $1,633/yr while 5% annual appreciation compounds into $69,899 by year five. Five-year ROI records 127.67% and total cumulative return in cash reaches $107,080. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,106/mo property income versus a $1,238/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78372, Orange Grove, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,609 (100%) |
| Owner Occupied HU | 1,676 (64.2%) |
| Renter Occupied HU | 411 (15.8%) |
| Vacant Housing Units | 522 (20.0%) |
| Median Home Value | $207,452 |
| Average Home Value | $237,912 |
Housing Distribution
Address Breakdown
Residential
1,784
Single Family
1,760
Multi-Family
24
Businesses
123
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Listed by: Marla Castillo • RE/MAX ELITE
Mls Name: South Texas MLS
Mls ID: #463226