5231 Olene FlatsVon OrmyTX78073
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
Investment property for sale in Von Ormy at 5231 Olene Flats, Von Ormy, TX, 78073 with 5% annual appreciation on a $307,780 basis while $2,670/mo rent supports operations. Total monthly income totals $2,670/mo and a $1,506/mo payment preserves $448/mo for cash returns. Annual cash flow comes to $5,381/yr on $102,029 deployed, and return on cash invested reaches 25.18% in year one. Equity gained on principal adds $1,986/yr, and five-year appreciation sums $85,034 alongside rental yield of 10.41%. Five-year ROI measures 132.49% and total cumulative return in cash totals $135,174.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,670/mo property income versus a $1,506/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
5,614 sqft lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78073, Von Ormy, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
4,259
Single Family
3,837
Multi-Family
422
Businesses
155
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bryan Blagg • Castlerock Realty, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1811653
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.