7402 Charred Pine DrMagnoliaTX77354
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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 Magnolia at 7402 Charred Pine Dr, Magnolia, TX, 77354 priced at $570,000 pairs $4,318/mo rent with $244/mo cash flow after a $2,790/mo payment. Total monthly income equals $4,318/mo, and annual cash flow comes to $2,924/yr on $187,530 invested. Return on cash invested is 21.62% in year one, and rental yield stands at 9.09% on a $570,000 basis. Equity gained on principal adds $3,678/yr, and 5% annual appreciation accumulates to $157,480 by year five. Five-year ROI measures 113.25% and total cumulative return in cash reaches $212,377. For financing, Ziffy Mortgage’s DSCR program evaluates $4,318/mo property income against a $2,790/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
0.46 Acres lot
$N/A/sqft
$250 annually 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
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Listed by: Leticia Vu • Keller Williams Realty Metropolitan
Mls Name: HAR
Mls Provider:
Mls ID: #68579535
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