103 Pickerel PointMontgomeryTX77316
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 103 Pickerel Point, Montgomery, TX, 77316 priced at $1,150,000 converts $5,574/mo rent into after a $5,629/mo obligation. Total monthly income equals $5,574/mo. Return on cash invested prints 11.98% in year one, and rental yield reads 5.82% against a $1,150,000 entry. Equity gained on principal adds $7,421/yr, while 5% annual appreciation compiles into $317,724 by year five. Five-year ROI reaches 61.47% and total cumulative return in cash sums $229,053. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,574/mo property income covering a $5,629/mo payment, not borrower’s personal income.
Single Family
Built in 2011
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77316, Montgomery, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,356 (100%) |
| Owner Occupied HU | 13,173 (80.5%) |
| Renter Occupied HU | 1,831 (11.2%) |
| Vacant Housing Units | 1,352 ( 8.3%) |
| Median Home Value | $452,118 |
| Average Home Value | $493,656 |
Housing Distribution
Address Breakdown
Residential
15,368
Single Family
14,899
Multi-Family
469
Businesses
331
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christopher Harman • Coldwell Banker Realty - Bellaire-Metropolitan
Mls Name: HAR
Mls ID: #40038096