426 Magnetic Hill DrCrosbyTX77532
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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 Crosby at 426 Magnetic Hill Dr, Crosby, TX, 77532 earns $846/mo cash flow from $2,836/mo rent with a $1,370/mo payment. Total monthly income totals $2,836/mo, and annual cash flow totals $10,147/yr on $92,783 capital. ROI tracks 30.85% on current figures, and rental yield reads 12.16% at a $279,888 purchase. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,328 over five years. Five-year ROI reaches 162.7% and total cumulative return in cash sums $150,957. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,836/mo property income instead of your personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77532, Crosby, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,959 (100%) |
| Owner Occupied HU | 10,830 (77.6%) |
| Renter Occupied HU | 2,376 (17.0%) |
| Vacant Housing Units | 753 ( 5.4%) |
| Median Home Value | $295,326 |
| Average Home Value | $329,899 |
Housing Distribution
Address Breakdown
Residential
13,454
Single Family
13,004
Multi-Family
450
Businesses
669
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