16630 E HammonMontgomeryTX77316
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 16630 E Hammon, Montgomery, TX, 77316 uses $45,581 cash to close to unlock $1,347/yr annual cash flow and $112/mo monthly cash flow. Total monthly income runs $1,090/mo, and a $673/mo payment keeps the spread at $112/mo. Purchase price stands at $137,500, and rental yield measures 9.51% with $1,090/mo rent. Return on cash invested shows 22.86% in year one, and 5% annual appreciation builds toward $37,989 over five years. Five-year ROI reaches 120.01% and total cumulative return in cash records $54,701. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,090/mo property income covering a $673/mo payment rather than investor’s personal income.
Single Family
Built in 2018
2,099 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trish Ferrier • First Class Realty
Mls Name: HAR
Mls ID: #43271152