8 Somerset StOrangeTX77630
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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 8 Somerset St, Orange, TX, 77630 priced at $214,900 converts $1,460/mo rent into after a $1,052/mo obligation. Total monthly income equals $1,460/mo. Return on cash invested prints 18.76% in year one, and rental yield reads 8.15% against a $214,900 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,373 by year five. Five-year ROI reaches 97.89% and total cumulative return in cash sums $69,738. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,460/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77630, Orange, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,879 (100%) |
| Owner Occupied HU | 7,706 (55.5%) |
| Renter Occupied HU | 4,111 (29.6%) |
| Vacant Housing Units | 2,062 (14.9%) |
| Median Home Value | $215,485 |
| Average Home Value | $239,343 |
Housing Distribution
Address Breakdown
Residential
12,085
Single Family
10,962
Multi-Family
1,123
Businesses
903
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Listed by: Evalena Magnuson • American Real Estate - Orange
Mls Name: BBOR
Mls Provider:
Mls ID: #248480
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.