6490 Smith RdVon OrmyTX78073
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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 Von Ormy at 6490 Smith Rd, Von Ormy, TX, 78073 uses $87,848 cash to close to unlock $6,775/yr annual cash flow and $565/mo monthly cash flow. Total monthly income runs $2,449/mo, and a $1,297/mo payment keeps the spread at $565/mo. Purchase price stands at $265,000, and rental yield measures 11.09% with $2,449/mo rent. Return on cash invested shows 27.62% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 145.41% and total cumulative return in cash records $127,743. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,449/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Manufactured
Built in 1985
3.13 Acres lot
$N/A/sqft
No 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
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