119 Goldenwave LoopMontgomeryTX77316
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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
Total monthly income runs $2,100/mo, and a $4,058/mo payment. Purchase price stands at $829,000, and rental yield measures 3.04% with $2,100/mo rent. Return on cash invested shows 3.36% in year one, and 5% annual appreciation builds toward $229,037 over five years. Five-year ROI reaches 15.3% and total cumulative return in cash records $41,716. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,100/mo property income covering a $4,058/mo payment rather than investor’s personal income.
Single Family
Built in 2022
9,082 sqft 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
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Listed by: Zach Richmond • Richmond Realty Group
Mls Name: HAR
Mls ID: #62948630