134 Magnolia LnHickory CreekTX75065
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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 Hickory Creek at 134 Magnolia Ln, Hickory Creek, TX, 75065 priced at $699,900 pairs $5,536/mo rent with $513/mo cash flow after a $3,426/mo payment. Total monthly income equals $5,536/mo, and annual cash flow comes to $6,153/yr on $230,267 invested. Return on cash invested is 22.73% in year one, and rental yield stands at 9.49% on a $699,900 basis. Equity gained on principal adds $4,516/yr, and 5% annual appreciation accumulates to $193,369 by year five. Five-year ROI measures 119.25% and total cumulative return in cash reaches $274,604. For financing, Ziffy Mortgage’s DSCR program evaluates $5,536/mo property income against a $3,426/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2014
10,846 sqft lot
$N/A/sqft
$275 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75065, Lake Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,479 (100%) |
| Owner Occupied HU | 3,998 (73.0%) |
| Renter Occupied HU | 1,277 (23.3%) |
| Vacant Housing Units | 204 ( 3.7%) |
| Median Home Value | $440,366 |
| Average Home Value | $480,394 |
Housing Distribution
Address Breakdown
Residential
5,473
Single Family
4,671
Multi-Family
802
Businesses
478
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Listed by: Sandi Hill • Keller Williams Frisco Stars
Mls Name: NTREIS
Mls ID: #20698720
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.