308 Magnolia Bloom CtWillisTX77318
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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 Willis at 308 Magnolia Bloom Ct, Willis, TX, 77318 priced at $729,990 pairs $5,119/mo rent with after a $3,573/mo payment. Total monthly income equals $5,119/mo. Return on cash invested is 19.28% in year one, and rental yield stands at 8.41% on a $729,990 basis. Equity gained on principal adds $4,711/yr, and 5% annual appreciation accumulates to $201,683 by year five. Five-year ROI measures 100.83% and total cumulative return in cash reaches $242,159. For financing, Ziffy Mortgage’s DSCR program evaluates $5,119/mo property income against a $3,573/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
10,027 sqft lot
$N/A/sqft
$1,005 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77318, Willis, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,287 (100%) |
| Owner Occupied HU | 7,710 (74.9%) |
| Renter Occupied HU | 1,462 (14.2%) |
| Vacant Housing Units | 1,115 (10.8%) |
| Median Home Value | $346,271 |
| Average Home Value | $433,090 |
Housing Distribution
Address Breakdown
Residential
9,572
Single Family
9,396
Multi-Family
176
Businesses
303
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Listed by: Jared Turner • J. Patrick Homes
Mls Name: HAR
Mls Provider:
Mls ID: #60188105
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