12900 Walden Rd APT 1009JMontgomeryTX77356
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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 12900 Walden Rd APT 1009J, Montgomery, TX, 77356 generates $1,243/mo in rent and, after a $661/mo payment, leaves $283/mo in cash flow. Total monthly income is $1,243/mo, and annual cash flow is $3,393/yr on $44,753 invested. Return on cash invested sits at 27.49% in year one, and rental yield is 11.05% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 144.74% and total cumulative return in cash sums $64,777. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,243/mo property income rather than buyer’s personal income.
Townhouse
Built in 1982
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: Lyndsie Gourley • RE/MAX Integrity
Mls Name: HAR
Mls ID: #55040263