1409 Magnolia DrCollege StationTX77840
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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 College Station at 1409 Magnolia Dr, College Station, TX, 77840 uses $202,335 cash to close to unlock $9,564/yr annual cash flow and $797/mo monthly cash flow. Total monthly income runs $5,202/mo, and a $3,010/mo payment keeps the spread at $797/mo. Purchase price stands at $615,000, and rental yield measures 10.15% with $5,202/mo rent. Return on cash invested shows 24.79% in year one, and 5% annual appreciation builds toward $169,913 over five years. Five-year ROI reaches 130.25% and total cumulative return in cash records $263,537. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,202/mo property income covering a $3,010/mo payment rather than investor’s personal income.
Single Family
Built in 2021
7,475 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77840, College Station, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,002 (100%) |
| Owner Occupied HU | 2,203 ( 8.2%) |
| Renter Occupied HU | 20,140 (74.6%) |
| Vacant Housing Units | 4,659 (17.3%) |
| Median Home Value | $310,088 |
| Average Home Value | $383,790 |
Housing Distribution
Address Breakdown
Residential
16,688
Single Family
8,386
Multi-Family
8,302
Businesses
1,194
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Listed by: Richard Lemons • LKG Realty Advisors
Mls Name: HAR
Mls Provider:
Mls ID: #11254124
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