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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Lake Jackson at 606 Magnolia St, Lake Jackson, TX, 77566 generates $3,066/mo in rent and, after a $1,565/mo payment, leaves $660/mo in cash flow. Total monthly income is $3,066/mo, and annual cash flow is $7,925/yr on $105,981 invested. Return on cash invested sits at 27.39% in year one, and rental yield is 11.51% on a $319,700 entry. Equity gained on principal adds $2,063/yr, while 5% annual appreciation builds toward $88,327 over five years. Five-year ROI reaches 144.7% and total cumulative return in cash sums $153,353. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,066/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77566, Lake Jackson, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,766 (100%) |
| Owner Occupied HU | 8,215 (59.7%) |
| Renter Occupied HU | 4,069 (29.6%) |
| Vacant Housing Units | 1,482 (10.8%) |
| Median Home Value | $285,479 |
| Average Home Value | $315,858 |
Residential
13,046
Single Family
9,719
Multi-Family
3,327
Businesses
1,090
Date | Event | Price |
|---|---|---|
| 2024-09-12 | Price change | $319,700 |
| 2024-07-02 | Price change | $337,000 |
| 2024-05-22 | Listed for sale | $345,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | N/A | N/A | $353,200 | -0.42% |
| 2023-10-22 | $6890.02 | 13.14% | $354,690 | 27.71% |
| 2022-10-22 | $6089.55 | 19.52% | $277,730 | 27.40% |
Listed by: Dena Pate • Coldwell Banker Ultimate
Mls Name: HAR
Mls Provider:
Mls ID: #17445596
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