6300 Meadow Mist StOrangeTX77632
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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 6300 Meadow Mist St, Orange, TX, 77632 priced at $349,500 converts $2,863/mo rent into $321/mo cash flow after a $1,711/mo obligation. Total monthly income equals $2,863/mo, and annual cash flow totals $3,856/yr on $115,859 invested. Return on cash invested prints 23.24% in year one, and rental yield reads 9.83% against a $349,500 entry. Equity gained on principal adds $2,255/yr, while 5% annual appreciation compiles into $96,560 by year five. Five-year ROI reaches 122.12% and total cumulative return in cash sums $141,493. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,863/mo property income covering a $1,711/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.29 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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Listed by: Sunni Moseley • Advantage Real Estate
Mls Name: BBOR
Mls Provider:
Mls ID: #256754
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.