5523 County Road 308Orange GroveTX78372
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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
Investment property for sale in Orange Grove at 5523 County Road 308, Orange Grove, TX, 78372 listed at $315,000 pairs $737/mo rent with a $1,542/mo payment. Total monthly income runs $737/mo. Return on cash invested measures 2.63% in year one, and rental yield registers 2.81% at a $315,000 basis. Equity gained on principal adds $2,033/yr, and annual property appreciation at 5% supports $87,029 by year five. Five-year ROI tracks 11.42% and total cumulative return in cash totals $11,921. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $737/mo property income relative to a $1,542/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2012
6.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78372, Orange Grove, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,609 (100%) |
| Owner Occupied HU | 1,676 (64.2%) |
| Renter Occupied HU | 411 (15.8%) |
| Vacant Housing Units | 522 (20.0%) |
| Median Home Value | $207,452 |
| Average Home Value | $237,912 |
Housing Distribution
Address Breakdown
Residential
1,784
Single Family
1,760
Multi-Family
24
Businesses
123
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Listed by: Deborah Jimison • RE/MAX ELITE
Mls Name: South Texas MLS
Mls ID: #462523