Enloe Plan, Myrtle GardensMagnoliaTX77354
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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 Enloe Plan, Myrtle Gardens, Magnolia, TX, 77354 offers $3,018/mo rent that, after a $1,637/mo payment, leaves $640/mo cash flow. Total monthly income is $3,018/mo, and annual cash flow is $7,675/yr on $110,883 cash. Return on cash invested measures 26.83% in year one, and rental yield stands at 10.83% at a $334,490 entry. Equity gained on principal adds $2,158/yr while 5% annual appreciation compounds into $92,413 by year five. Five-year ROI records 141.18% and total cumulative return in cash reaches $156,544. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,018/mo property income versus a $1,637/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A 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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