39602 Lago 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 39602 Lago Dr, Magnolia, TX, 77354 offers a 5.21% rental yield on a $1,425,000 purchase with $6,184/mo rent. Equity gained on principal adds $9,195/yr while 5% annual appreciation supports $393,701 over five years. Portfolio math shows five-year ROI at 50.9% and total cumulative return in cash at $234,992. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,184/mo property income against a $6,975/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
5.10 Acres lot
$N/A/sqft
$470 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: Jeremy Larkin • Keller Williams Realty The Woodlands
Mls Name: HAR
Mls Provider:
Mls ID: #87286051
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