Magellan Plan, Meadow ParkPonderTX76259
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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 Ponder at Magellan Plan, Meadow Park, Ponder, TX, 76259 priced at $407,990 converts $2,728/mo rent into after a $1,997/mo obligation. Total monthly income equals $2,728/mo. Return on cash invested prints 18.37% in year one, and rental yield reads 8.02% against a $407,990 entry. Equity gained on principal adds $2,633/yr, while 5% annual appreciation compiles into $112,720 by year five. Five-year ROI reaches 95.8% and total cumulative return in cash sums $129,568. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,728/mo property income covering a $1,997/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76259, Ponder, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,643 (100%) |
| Owner Occupied HU | 2,251 (85.2%) |
| Renter Occupied HU | 302 (11.4%) |
| Vacant Housing Units | 90 ( 3.4%) |
| Median Home Value | $504,792 |
| Average Home Value | $556,339 |
Housing Distribution
Address Breakdown
Residential
2,721
Single Family
2,721
Multi-Family
0
Businesses
190
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