201A Magasco DrPinelandTX75968
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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 Pineland at 201A Magasco Dr, Pineland, TX, 75968 listed at $399,921 pairs $900/mo rent with a $1,957/mo payment. Total monthly income runs $900/mo. Return on cash invested measures 2.32% in year one, and rental yield registers 2.7% at a $399,921 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,491 by year five. Five-year ROI tracks 9.72% and total cumulative return in cash totals $12,891. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $900/mo property income relative to a $1,957/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1983
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75968, Pineland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 848 (100%) |
| Owner Occupied HU | 513 (60.5%) |
| Renter Occupied HU | 144 (17.0%) |
| Vacant Housing Units | 191 (22.5%) |
| Median Home Value | $122,250 |
| Average Home Value | $236,730 |
Housing Distribution
Address Breakdown
Residential
605
Single Family
605
Multi-Family
0
Businesses
58
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Listed by: David Hughes • Century 21 Cota Realty
Mls Name: LAR
Mls Provider:
Mls ID: #5104186
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.