3202 Poe DrMontgomeryTX77356
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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 3202 Poe Dr, Montgomery, TX, 77356 offers a 10.63% rental yield on a $289,900 purchase with $2,567/mo rent. Total monthly income registers $2,567/mo, and a $1,419/mo payment leaves $505/mo available for distribution. Annual cash flow reaches $6,065/yr on $96,102 to close, and return on cash invested stands at 26.22% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,094 over five years. Portfolio math shows five-year ROI at 137.93% and total cumulative return in cash at $132,549. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,567/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
2,252 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: Jeremy Larkin • Keller Williams Realty The Woodlands
Mls Name: HAR
Mls ID: #10762871