Magnolia III Side Entry Plan, Crystal Lake EstatesRed OakTX75154
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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 Red Oak at Magnolia III Side Entry Plan, Crystal Lake Estates, Red Oak, TX, 75154 priced at $600,990 converts $6,610/mo rent into $2,336/mo cash flow after a $2,942/mo obligation. Total monthly income equals $6,610/mo, and annual cash flow totals $28,030/yr on $197,726 invested. Return on cash invested prints 34.24% in year one, and rental yield reads 13.2% against a $600,990 entry. Equity gained on principal adds $3,878/yr, while 5% annual appreciation compiles into $166,042 by year five. Five-year ROI reaches 180.86% and total cumulative return in cash sums $357,599. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,610/mo property income covering a $2,942/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75154, Red Oak, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,844 (100%) |
| Owner Occupied HU | 14,515 (77.0%) |
| Renter Occupied HU | 3,735 (19.8%) |
| Vacant Housing Units | 594 ( 3.2%) |
| Median Home Value | $347,833 |
| Average Home Value | $386,647 |
Housing Distribution
Address Breakdown
Residential
18,969
Single Family
17,381
Multi-Family
1,588
Businesses
1,012
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