3397 Sherwood DrOrangeTX77632
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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 3397 Sherwood Dr, Orange, TX, 77632 offers $1,145/mo rent that, after a $700/mo payment, leaves $46/mo cash flow. Total monthly income is $1,145/mo, and annual cash flow is $554/yr on $47,404 cash. Return on cash invested measures 21.08% in year one, and rental yield stands at 9.61% at a $142,999 entry. Equity gained on principal adds $923/yr while 5% annual appreciation compounds into $39,508 by year five. Five-year ROI records 111.16% and total cumulative return in cash reaches $52,696. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,145/mo property income versus a $700/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in N/A
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77632, Orange, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,049 (100%) |
| Owner Occupied HU | 7,415 (73.8%) |
| Renter Occupied HU | 1,493 (14.9%) |
| Vacant Housing Units | 1,141 (11.4%) |
| Median Home Value | $230,615 |
| Average Home Value | $257,930 |
Housing Distribution
Address Breakdown
Residential
9,275
Single Family
8,745
Multi-Family
530
Businesses
293
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Listed by: GENEVIEVE GARRISON • RED DOOR REALTY -- 595697
Mls Name: BBOR
Mls Provider:
Mls ID: #257897
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.