Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Hico at 417 Magnolia St, Hico, TX, 76457 offers $2,050/mo rent that, after a $1,444/mo payment. Total monthly income is $2,050/mo. Return on cash invested measures 19.32% in year one, and rental yield stands at 8.34% at a $295,000 entry. Equity gained on principal adds $1,904/yr while 5% annual appreciation compounds into $81,503 by year five. Five-year ROI records 100.94% and total cumulative return in cash reaches $98,714. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,050/mo property income versus a $1,444/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
10,149 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76457, Hico, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,189 (100%) |
| Owner Occupied HU | 1,299 (59.3%) |
| Renter Occupied HU | 406 (18.5%) |
| Vacant Housing Units | 484 (22.1%) |
| Median Home Value | $260,659 |
| Average Home Value | $374,378 |
Residential
1,597
Single Family
1,597
Multi-Family
0
Businesses
162
Date | Event | Price |
|---|---|---|
| 2025-06-27 | Listed for sale | $295,000 |
| 2018-05-18 | Listing removed | $139,500 |
| 2018-05-03 | Pending sale | $139,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-27 | $2570.27 | 11.03% | $205,311 | 10.00% |
| 2023-06-27 | $2314.85 | -14.92% | $186,646 | 10.00% |
| 2022-06-27 | $2720.74 | -15.28% | $169,678 | 10.00% |
Listed by: Kaylee Gardner • Texas Luxury and Land
Mls Name: NTREIS
Mls ID: #20979722
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
