210 Lee StMagnoliaTX77354
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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 Lee St, Magnolia, TX, 77354 priced at $239,500 converts $1,686/mo rent into after a $1,172/mo obligation. Total monthly income equals $1,686/mo. Return on cash invested prints 19.65% in year one, and rental yield reads 8.45% against a $239,500 entry. Equity gained on principal adds $1,545/yr, while 5% annual appreciation compiles into $66,169 by year five. Five-year ROI reaches 102.73% and total cumulative return in cash sums $81,565. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,686/mo property income covering a $1,172/mo payment, not borrower’s personal income.
Single Family
Built in 2003
N/A 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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Listed by: Connie Reddington • Century 21 Realty Partners
Mls Name: HAR
Mls Provider:
Mls ID: #50628938
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