17040 W Fm 1097 Rd UNIT 6202MontgomeryTX77356
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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 17040 W Fm 1097 Rd UNIT 6202, Montgomery, TX, 77356 listed at $280,000 pairs $2,299/mo rent with a $1,370/mo payment to leave $308/mo cash flow. Total monthly income runs $2,299/mo, and annual cash flow reaches $3,700/yr on $92,820 cash to close. Return on cash invested measures 23.9% in year one, and rental yield registers 9.85% at a $280,000 basis. Equity gained on principal adds $1,807/yr, and annual property appreciation at 5% supports $77,359 by year five. Five-year ROI tracks 125.45% and total cumulative return in cash totals $116,445. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,299/mo property income relative to a $1,370/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2008
3,606 sqft 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: Adam Olsen • eXp Realty, LLC
Mls Name: HAR
Mls ID: #85889661