308 Lakeview Ter #DMontgomeryTX77356
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
Rental property for sale in Montgomery at 308 Lakeview Ter #D, Montgomery, TX, 77356 offers $1,193/mo rent that, after a $734/mo payment, leaves $127/mo cash flow. Total monthly income is $1,193/mo, and annual cash flow is $1,521/yr on $49,692 cash. Return on cash invested measures 22.97% in year one, and rental yield stands at 9.55% at a $149,900 entry. Equity gained on principal adds $967/yr while 5% annual appreciation compounds into $41,415 by year five. Five-year ROI records 120.5% and total cumulative return in cash reaches $59,879. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,193/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1993
1.79 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ruth Stultz • Berkshire Hathaway HomeServices Premier Properties
Mls Name: HAR
Mls ID: #79924068