16629 E HammonMontgomeryTX77316
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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 16629 E Hammon, Montgomery, TX, 77316 listed at $210,000 pairs $1,886/mo rent with a $1,028/mo payment to leave $361/mo cash flow. Total monthly income runs $1,886/mo, and annual cash flow reaches $4,326/yr on $69,615 cash to close. Return on cash invested measures 26.12% in year one, and rental yield registers 10.78% at a $210,000 basis. Equity gained on principal adds $1,355/yr, and annual property appreciation at 5% supports $58,019 by year five. Five-year ROI tracks 137.6% and total cumulative return in cash totals $95,788. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,886/mo property income relative to a $1,028/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2018
2,099 sqft lot
$N/A/sqft
$384 annually 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: Bridget Moore • CB&A, Realtors
Mls Name: HAR
Mls Provider:
Mls ID: #91670523
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