108 April Point Dr SMontgomeryTX77356
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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 108 April Point Dr S, Montgomery, TX, 77356 priced at $230,000 pairs $2,280/mo rent with $644/mo cash flow after a $1,126/mo payment. Total monthly income equals $2,280/mo, and annual cash flow comes to $7,730/yr on $76,245 invested. Return on cash invested is 30.05% in year one, and rental yield stands at 11.9% on a $230,000 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,545 by year five. Five-year ROI measures 158.47% and total cumulative return in cash reaches $120,823. For financing, Ziffy Mortgage’s DSCR program evaluates $2,280/mo property income against a $1,126/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1979
N/A 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: Nicole Freer • Corcoran Genesis
Mls Name: HAR
Mls ID: #15778109