59 Magnolia BlvdNew 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
Investment property for sale in New Caney at 59 Magnolia Blvd, New Caney, TX, 77357 with 5% annual appreciation on a $115,000 basis while $883/mo rent supports operations. Total monthly income totals $883/mo and a $563/mo payment preserves $23/mo for cash returns. Annual cash flow comes to $280/yr on $38,123 deployed, and return on cash invested reaches 20.64% in year one. Equity gained on principal adds $742/yr, and five-year appreciation sums $31,772 alongside rental yield of 9.21%. Five-year ROI measures 108.56% and total cumulative return in cash totals $41,385.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $883/mo property income versus a $563/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2002
1.06 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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Listed by: Hang Nguyen • LPT Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #25201733
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