419 Magnolia BndNew CaneyTX77357
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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 New Caney at 419 Magnolia Bnd, New Caney, TX, 77357 priced at $334,988 converts $2,275/mo rent into after a $1,640/mo obligation. Total monthly income equals $2,275/mo. Return on cash invested prints 18.75% in year one, and rental yield reads 8.15% against a $334,988 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation compiles into $92,551 by year five. Five-year ROI reaches 97.84% and total cumulative return in cash sums $108,653. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,275/mo property income covering a $1,640/mo payment, not borrower’s personal income.
Single Family
Built in 1977
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77357, New Caney, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,646 (100%) |
| Owner Occupied HU | 12,426 (74.6%) |
| Renter Occupied HU | 2,795 (16.8%) |
| Vacant Housing Units | 1,425 ( 8.6%) |
| Median Home Value | $324,310 |
| Average Home Value | $342,586 |
Housing Distribution
Address Breakdown
Residential
15,078
Single Family
14,889
Multi-Family
189
Businesses
691
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