7352 Iris LnOre CityTX75683
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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 Ore City at 7352 Iris Ln, Ore City, TX, 75683 at $579,900 posts ROI 10.49% with from $2,602/mo rent. Total monthly income equals $2,602/mo. Return on cash invested measures 10.49% and rental yield reads 5.38% at the current $579,900. Equity gained on principal adds $3,742/yr, and 5% annual appreciation supports $160,216 by year five. Five-year ROI prints 53.53% and total cumulative return in cash totals $102,121. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,602/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2021
11.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75683, Ore City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,858 (100%) |
| Owner Occupied HU | 1,209 (65.1%) |
| Renter Occupied HU | 374 (20.1%) |
| Vacant Housing Units | 275 (14.8%) |
| Median Home Value | $116,435 |
| Average Home Value | $166,239 |
Housing Distribution
Address Breakdown
Residential
1,447
Single Family
1,447
Multi-Family
0
Businesses
93
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Listed by: Tracy Bailey • Miller Homes Group
Mls Name: GTARMLS
Mls Provider:
Mls ID: #25012349
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.