405 Alder StOrangeTX77630
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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
Investment Highlights
Rental property for sale in Orange at 405 Alder St, Orange, TX, 77630 offers $1,040/mo rent that, after a $675/mo payment, leaves $59/mo cash flow. Total monthly income is $1,040/mo, and annual cash flow is $709/yr on $45,747 cash. Return on cash invested measures 21.46% in year one, and rental yield stands at 9.04% at a $138,000 entry. Equity gained on principal adds $890/yr while 5% annual appreciation compounds into $38,127 by year five. Five-year ROI records 112.44% and total cumulative return in cash reaches $51,438. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,040/mo property income versus a $675/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77630, Orange, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,879 (100%) |
| Owner Occupied HU | 7,706 (55.5%) |
| Renter Occupied HU | 4,111 (29.6%) |
| Vacant Housing Units | 2,062 (14.9%) |
| Median Home Value | $215,485 |
| Average Home Value | $239,343 |
Housing Distribution
Address Breakdown
Residential
12,085
Single Family
10,962
Multi-Family
1,123
Businesses
903
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