16218 Evergreen TimbersMagnoliaTX77355
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Magnolia at 16218 Evergreen Timbers, Magnolia, TX, 77355 uses $69,613 cash to close to unlock $198/yr annual cash flow and $17/mo monthly cash flow. Total monthly income runs $1,510/mo, and a $1,028/mo payment keeps the spread at $17/mo. Purchase price stands at $209,995, and rental yield measures 8.63% with $1,510/mo rent. Return on cash invested shows 20.19% in year one, and 5% annual appreciation builds toward $58,018 over five years. Five-year ROI reaches 105.62% and total cumulative return in cash records $73,526. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,510/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Single Family
Built in 2003
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77355, Magnolia, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,302 (100%) |
| Owner Occupied HU | 10,090 (82.0%) |
| Renter Occupied HU | 1,595 (13.0%) |
| Vacant Housing Units | 617 ( 5.0%) |
| Median Home Value | $431,647 |
| Average Home Value | $498,244 |
Housing Distribution
Address Breakdown
Residential
12,551
Single Family
12,141
Multi-Family
410
Businesses
331
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices