9358 Northridge DrOrangeTX77632
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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 9358 Northridge Dr, Orange, TX, 77632 uses $52,377 cash to close to unlock $10,413/yr annual cash flow and $868/mo monthly cash flow. Total monthly income runs $1,991/mo, and a $773/mo payment keeps the spread at $868/mo. Purchase price stands at $158,000, and rental yield measures 15.12% with $1,991/mo rent. Return on cash invested shows 39.79% in year one, and 5% annual appreciation builds toward $43,652 over five years. Five-year ROI reaches 210.68% and total cumulative return in cash records $110,350. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,991/mo property income covering a $773/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A 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: Celeste Cormier • Connect Realty
Mls Name: BBOR
Mls Provider:
Mls ID: #252803
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.