7960 Wade RdOrangeTX77632
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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 at 7960 Wade Rd, Orange, TX, 77632 listed at $250,000 pairs $1,760/mo rent with a $1,224/mo payment. Total monthly income runs $1,760/mo. Return on cash invested measures 19.65% in year one, and rental yield registers 8.45% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 102.64% and total cumulative return in cash totals $85,066. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,760/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
3 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: Jennifer Green • RE/MAX ONE -- 9000010
Mls Name: BBOR
Mls Provider:
Mls ID: #258708
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.