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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Von Ormy at 5215 Olene Flats, Von Ormy, TX, 78073 offers $2,430/mo rent that, after a $1,329/mo payment, leaves $466/mo cash flow. Total monthly income is $2,430/mo, and annual cash flow is $5,591/yr on $89,992 cash. Return on cash invested measures 26.12% in year one, and rental yield stands at 10.74% at a $271,468 entry. Equity gained on principal adds $1,752/yr while 5% annual appreciation compounds into $75,002 by year five. Five-year ROI records 137.51% and total cumulative return in cash reaches $123,750. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,430/mo property income versus a $1,329/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
5,614 sqft lot
$N/A/sqft
$400 annually HOA
Neighborhood data shown for ZIP Code: 78073, Von Ormy, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,278 (100%) |
| Owner Occupied HU | 3,088 (72.2%) |
| Renter Occupied HU | 614 (14.4%) |
| Vacant Housing Units | 576 (13.5%) |
| Median Home Value | $222,500 |
| Average Home Value | $248,030 |
Residential
4,259
Single Family
3,837
Multi-Family
422
Businesses
155
Date | Event | Price |
|---|---|---|
| 2024-09-25 | Listed for sale | $271,468 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
12"+ Attic Insulation,Access Only,Pull Down Stairs
Listed by: Bryan Blagg • Castlerock Realty, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1811396
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
