212 Charles Ridge DrMontgomeryTX77316
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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 212 Charles Ridge Dr, Montgomery, TX, 77316 earns $221/mo cash flow from $2,461/mo rent with a $1,542/mo payment. Total monthly income totals $2,461/mo, and annual cash flow totals $2,649/yr on $104,423 capital. ROI tracks 22.45% on current figures, and rental yield reads 9.38% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 117.66% and total cumulative return in cash sums $122,861. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,461/mo property income instead of your personal income.
Single Family
Built in 2024
5,240 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: Kristina Davidson • Executive Real Estate
Mls Name: HAR
Mls ID: #56780610