7102 Black Forest DrMagnoliaTX77354
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Magnolia at 7102 Black Forest Dr, Magnolia, TX, 77354 earns $126/mo cash flow from $4,498/mo rent with a $2,998/mo payment. Total monthly income totals $4,498/mo, and annual cash flow totals $1,513/yr on $201,545 capital. ROI tracks 20.81% on current figures, and rental yield reads 8.81% at a $612,600 purchase. Equity gained on principal adds $3,953/yr, and 5% annual appreciation supports $169,250 over five years. Five-year ROI reaches 108.91% and total cumulative return in cash sums $219,512. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,498/mo property income instead of your personal income.
Single Family
Built in 2013
0.46 Acres lot
$N/A/sqft
$16 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77354, Magnolia, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,545 (100%) |
| Owner Occupied HU | 15,505 (75.5%) |
| Renter Occupied HU | 3,830 (18.6%) |
| Vacant Housing Units | 1,210 ( 5.9%) |
| Median Home Value | $465,218 |
| Average Home Value | $529,342 |
Housing Distribution
Address Breakdown
Residential
18,911
Single Family
16,788
Multi-Family
2,123
Businesses
1,260
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices