312 Magnusson AvePalaciosTX77465
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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 Palacios at 312 Magnusson Ave, Palacios, TX, 77465 priced at $183,750 pairs $1,410/mo rent with $104/mo cash flow after a $899/mo payment. Total monthly income equals $1,410/mo, and annual cash flow comes to $1,244/yr on $60,913 invested. Return on cash invested is 21.95% in year one, and rental yield stands at 9.21% on a $183,750 basis. Equity gained on principal adds $1,186/yr, and 5% annual appreciation accumulates to $50,767 by year five. Five-year ROI measures 115% and total cumulative return in cash reaches $70,050. For financing, Ziffy Mortgage’s DSCR program evaluates $1,410/mo property income against a $899/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77465, Palacios, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,177 (100%) |
| Owner Occupied HU | 2,318 (55.5%) |
| Renter Occupied HU | 692 (16.6%) |
| Vacant Housing Units | 1,167 (27.9%) |
| Median Home Value | $223,515 |
| Average Home Value | $225,985 |
Housing Distribution
Address Breakdown
Residential
3,080
Single Family
3,018
Multi-Family
62
Businesses
254
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