8359 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
Rental property for sale in Orange at 8359 Wade Rd, Orange, TX, 77632 priced at $105,000 pairs $789/mo rent with after a $514/mo payment. Total monthly income equals $789/mo. Return on cash invested is 15.2% in year one, and rental yield stands at 9.02% on a $105,000 basis. Equity gained on principal adds $678/yr, and 5% annual appreciation accumulates to $29,010 by year five. Five-year ROI measures 81.13% and total cumulative return in cash reaches $28,238. For financing, Ziffy Mortgage’s DSCR program evaluates $789/mo property income against a $514/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
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: Ashley Higginbotham • Real Broker, LLC
Mls Name: BBOR
Mls Provider:
Mls ID: #251476
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.