29010 Legacy CtMagnoliaTX77355
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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 29010 Legacy Ct, Magnolia, TX, 77355 listed at $998,000 pairs $4,292/mo rent with a $4,885/mo payment. Total monthly income runs $4,292/mo. Return on cash invested measures 9.81% in year one, and rental yield registers 5.16% at a $998,000 basis. Equity gained on principal adds $6,440/yr, and annual property appreciation at 5% supports $275,729 by year five. Five-year ROI tracks 49.86% and total cumulative return in cash totals $163,704. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,292/mo property income relative to a $4,885/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
4.06 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
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