215 Prairie Ridge LnMontgomeryTX77356
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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 215 Prairie Ridge Ln, Montgomery, TX, 77356 uses $124,856 cash to close to unlock $3,121/yr annual cash flow and $260/mo monthly cash flow. Total monthly income runs $2,938/mo, and a $1,843/mo payment keeps the spread at $260/mo. Purchase price stands at $376,640, and rental yield measures 9.36% with $2,938/mo rent. Return on cash invested shows 22.41% in year one, and 5% annual appreciation builds toward $104,059 over five years. Five-year ROI reaches 117.48% and total cumulative return in cash records $146,678. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,938/mo property income covering a $1,843/mo payment rather than investor’s personal income.
Single Family
Built in 2026
5,400 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: Jimmy Franklin • Pulte Homes
Mls Name: HAR
Mls ID: #61018722