689 county road 3031Orange 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 689 county road 3031, Orange Grove, TX, 78372 uses $54,698 cash to close to unlock $1,155/yr annual cash flow and $96/mo monthly cash flow. Total monthly income runs $1,270/mo, and a $808/mo payment keeps the spread at $96/mo. Purchase price stands at $165,000, and rental yield measures 9.24% with $1,270/mo rent. Return on cash invested shows 22.02% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 115.42% and total cumulative return in cash records $63,131. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,270/mo property income covering a $808/mo payment rather than investor’s personal income.
Manufactured
Built in 2006
1.89 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: Jennifer Perez • eXp Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1782746
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.