321 County Road 310Orange 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 321 County Road 310, Orange Grove, TX, 78372 generates $1,735/mo in rent and, after a $928/mo payment, leaves $387/mo in cash flow. Total monthly income is $1,735/mo, and annual cash flow is $4,643/yr on $62,819 invested. Return on cash invested sits at 27.3% in year one, and rental yield is 10.99% on a $189,500 entry. Equity gained on principal adds $1,223/yr, while 5% annual appreciation builds toward $52,355 over five years. Five-year ROI reaches 143.71% and total cumulative return in cash sums $90,275. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,735/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
0.50 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: Steven Koleno • Beycome Brokerage Realty, LLC
Mls Name: HAR
Mls ID: #64592259