348 Magnolia DrVan AlstyneTX75495
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 Van Alstyne at 348 Magnolia Dr, Van Alstyne, TX, 75495 at $750,000 posts ROI 21.56% with $308/mo cash flow from $5,641/mo rent. Total monthly income equals $5,641/mo, and annual cash flow records $3,690/yr on $246,750 to close. Return on cash invested measures 21.56% and rental yield reads 9.03% at the current $750,000. Equity gained on principal adds $4,840/yr, and 5% annual appreciation supports $207,211 by year five. Five-year ROI prints 112.86% and total cumulative return in cash totals $278,478.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,641/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2021
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75495, Van Alstyne, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,303 (100%) |
| Owner Occupied HU | 4,241 (80.0%) |
| Renter Occupied HU | 712 (13.4%) |
| Vacant Housing Units | 350 ( 6.6%) |
| Median Home Value | $387,546 |
| Average Home Value | $443,015 |
Housing Distribution
Address Breakdown
Residential
4,656
Single Family
4,253
Multi-Family
403
Businesses
355
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Nearby investment properties with comparable prices
Listed by: Amanda Rosander • Paragon, REALTORS
Mls Name: NTREIS
Mls ID: #21053477