150 N Greatwood Glen PlMontgomeryTX77316
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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
Investment property for sale in Montgomery at 150 N Greatwood Glen Pl, Montgomery, TX, 77316 listed at $408,000 pairs $2,942/mo rent with a $1,997/mo payment to leave $41/mo cash flow. Total monthly income runs $2,942/mo, and annual cash flow reaches $487/yr on $135,252 cash to close. Return on cash invested measures 20.27% in year one, and rental yield registers 8.65% at a $408,000 basis. Equity gained on principal adds $2,633/yr, and annual property appreciation at 5% supports $112,723 by year five. Five-year ROI tracks 105.99% and total cumulative return in cash totals $143,359. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,942/mo property income relative to a $1,997/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2015
6,059 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: Krysten Polvado • RE/MAX The Woodlands & Spring
Mls Name: HAR
Mls ID: #55604917