306 W Magnolia DrMount PleasantTX75455
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mount Pleasant at 306 W Magnolia Dr, Mount Pleasant, TX, 75455 at $339,000 posts ROI 22.98% with $288/mo cash flow from $2,698/mo rent. Total monthly income equals $2,698/mo, and annual cash flow records $3,451/yr on $112,379 to close. Return on cash invested measures 22.98% and rental yield reads 9.55% at the current $339,000. Equity gained on principal adds $2,188/yr, and 5% annual appreciation supports $93,659 by year five. Five-year ROI prints 120.52% and total cumulative return in cash totals $135,436.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,698/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75455, Mount Pleasant, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,571 (100%) |
| Owner Occupied HU | 6,651 (62.9%) |
| Renter Occupied HU | 3,006 (28.4%) |
| Vacant Housing Units | 914 ( 8.6%) |
| Median Home Value | $203,465 |
| Average Home Value | $255,631 |
Housing Distribution
Address Breakdown
Residential
10,216
Single Family
10,005
Multi-Family
211
Businesses
902
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Listed by: Corri Alvarenga • Mayben Realty - Mt. Pleasant
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24015943
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.