210 Greylake PlMagnoliaTX77354
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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 Magnolia at 210 Greylake Pl, Magnolia, TX, 77354 priced at $889,000 pairs $6,611/mo rent with $289/mo cash flow after a $4,351/mo payment. Total monthly income equals $6,611/mo, and annual cash flow comes to $3,473/yr on $292,481 invested. Return on cash invested is 21.25% in year one, and rental yield stands at 8.92% on a $889,000 basis. Equity gained on principal adds $5,737/yr, and 5% annual appreciation accumulates to $245,614 by year five. Five-year ROI measures 111.21% and total cumulative return in cash reaches $325,262. For financing, Ziffy Mortgage’s DSCR program evaluates $6,611/mo property income against a $4,351/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2011
10,859 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77354, Magnolia, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,545 (100%) |
| Owner Occupied HU | 15,505 (75.5%) |
| Renter Occupied HU | 3,830 (18.6%) |
| Vacant Housing Units | 1,210 ( 5.9%) |
| Median Home Value | $465,218 |
| Average Home Value | $529,342 |
Housing Distribution
Address Breakdown
Residential
18,911
Single Family
16,788
Multi-Family
2,123
Businesses
1,260
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