1014 Lost Wagon DrMontgomeryTX77356
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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 Montgomery at 1014 Lost Wagon Dr, Montgomery, TX, 77356 generates $2,412/mo in rent, after a $1,721/mo payment. Total monthly income is $2,412/mo. Return on cash invested sits at 19% in year one, and rental yield is 8.23% on a $351,680 entry. Equity gained on principal adds $2,269/yr, while 5% annual appreciation builds toward $97,163 over five years. Five-year ROI reaches 99.18% and total cumulative return in cash sums $115,621. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,412/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
8,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77356, Montgomery, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,071 (100%) |
| Owner Occupied HU | 11,927 (69.9%) |
| Renter Occupied HU | 2,595 (15.2%) |
| Vacant Housing Units | 2,549 (14.9%) |
| Median Home Value | $480,331 |
| Average Home Value | $586,627 |
Housing Distribution
Address Breakdown
Residential
16,601
Single Family
14,964
Multi-Family
1,637
Businesses
1,222
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Listed by: Jenna Vallejo • Texas Real Estate Pro
Mls Name: HAR
Mls ID: #47382977