908 Pickering Oak RowMagnoliaTX77354
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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 Magnolia at 908 Pickering Oak Row, Magnolia, TX, 77354 listed at $296,900 pairs $2,518/mo rent with a $1,453/mo payment to leave $407/mo cash flow. Total monthly income runs $2,518/mo, and annual cash flow reaches $4,882/yr on $98,422 cash to close. Return on cash invested measures 24.87% in year one, and rental yield registers 10.18% at a $296,900 basis. Equity gained on principal adds $1,916/yr, and annual property appreciation at 5% supports $82,028 by year five. Five-year ROI tracks 130.64% and total cumulative return in cash totals $128,579. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,518/mo property income relative to a $1,453/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in 2022
6,538 sqft lot
$N/A/sqft
No 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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