265 Ridgewood DrMagnoliaTX77355
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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 Magnolia at 265 Ridgewood Dr, Magnolia, TX, 77355 with 5% annual appreciation on a $258,500 basis while $2,062/mo rent supports operations. Total monthly income totals $2,062/mo and a $1,265/mo payment preserves $210/mo for cash returns. Annual cash flow comes to $2,520/yr on $85,693 deployed, and return on cash invested reaches 22.85% in year one. Equity gained on principal adds $1,668/yr, and five-year appreciation sums $71,419 alongside rental yield of 9.57%. Five-year ROI measures 119.87% and total cumulative return in cash totals $102,723.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,062/mo property income versus a $1,265/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2001
0.69 Acres lot
$N/A/sqft
$168 annually 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
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Listed by: Gail Starrett • Century 21 Parisher Properties
Mls Name: HAR
Mls Provider:
Mls ID: #68738187
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