486 Parish RdOrangeTX77632
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
Investment Highlights
Rental property for sale in Orange at 486 Parish Rd, Orange, TX, 77632 offers $3,448/mo rent that, after a $2,322/mo payment, leaves $74/mo cash flow. Total monthly income is $3,448/mo, and annual cash flow is $890/yr on $157,297 cash. Return on cash invested measures 20.47% in year one, and rental yield stands at 8.72% at a $474,500 entry. Equity gained on principal adds $3,062/yr while 5% annual appreciation compounds into $131,096 by year five. Five-year ROI records 107.11% and total cumulative return in cash reaches $168,486. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,448/mo property income versus a $2,322/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
1.60 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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