390 Wedgewood 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 390 Wedgewood Dr, Montgomery, TX, 77356 with 5% annual appreciation on a $765,000 basis while $5,868/mo rent supports operations. Total monthly income totals $5,868/mo and a $3,744/mo payment preserves $428/mo for cash returns. Annual cash flow comes to $5,139/yr on $251,685 deployed, and return on cash invested reaches 22.1% in year one. Equity gained on principal adds $4,936/yr, and five-year appreciation sums $211,355 alongside rental yield of 9.2%. Five-year ROI measures 115.8% and total cumulative return in cash totals $291,443.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,868/mo property income versus a $3,744/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
10,524 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: Sarah Conway • Better Homes and Gardens Real Estate Gary Greene - Lake Conroe North
Mls Name: HAR
Mls ID: #20047128