318 County Road 3032 LOT 16Orange GroveTX78372
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 318 County Road 3032 LOT 16, Orange Grove, TX, 78372 in Orange Grove the bet is firmly on appreciation. Rental yield 2.01%. The 2.01% gross yield on a $440,000 price is below income-first thresholds, but 5%/yr value growth projects $121,564 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.37) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $14,669.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 2% | 6.2% |
| Monthly Cash Flow | $(2,392) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $737 |
| Total Monthly Debt Service | $2,954 |
| DSCR Ratio | 0.25x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2002
29.91 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2002
29.91 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eric Bluntzer • United Country RE-Bluntzer RE
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #449235
Disclaimer: Based on information from South Texas MLS, LLC as of 2025-02-11 14:36:03 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.