29706 Dundee DrMagnoliaTX77354
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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 29706 Dundee Dr, Magnolia, TX, 77354 listed at $160,000 pairs $1,233/mo rent with a $783/mo payment to leave $85/mo cash flow. Total monthly income runs $1,233/mo, and annual cash flow reaches $1,024/yr on $53,040 cash to close. Return on cash invested measures 21.84% in year one, and rental yield registers 9.25% at a $160,000 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,205 by year five. Five-year ROI tracks 114.55% and total cumulative return in cash totals $60,758. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,233/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1996
0.50 Acres lot
$N/A/sqft
$120 annually 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: Bradley Gillespie • HomeSmart
Mls Name: HAR
Mls Provider:
Mls ID: #36697957
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