5660 Spoonbill LnOrangeTX77632
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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
Rental property for sale in Orange at 5660 Spoonbill Ln, Orange, TX, 77632 priced at $226,990 converts $2,040/mo rent into $426/mo cash flow after a $1,111/mo obligation. Total monthly income equals $2,040/mo, and annual cash flow totals $5,110/yr on $75,247 invested. Return on cash invested prints 26.7% in year one, and rental yield reads 10.78% against a $226,990 entry. Equity gained on principal adds $1,465/yr, while 5% annual appreciation compiles into $62,713 by year five. Five-year ROI reaches 140.46% and total cumulative return in cash sums $105,694. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,040/mo property income covering a $1,111/mo payment, not borrower’s personal income.
Single Family
Built in N/A
7,200 sqft 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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Listed by: JARED TURNER • TURNER MANGUM, LLC -- 9003578
Mls Name: BBOR
Mls Provider:
Mls ID: #256739
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.