469 Edgewood DrMontgomeryTX77356
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
Investment property for sale in Montgomery at 469 Edgewood Dr, Montgomery, TX, 77356 earns from $6,916/mo rent with a $8,198/mo payment. Total monthly income totals $6,916/mo. ROI tracks 9.33% on current figures, and rental yield reads 4.95% at a $1,675,000 purchase. Equity gained on principal adds $10,809/yr, and 5% annual appreciation supports $462,772 over five years. Five-year ROI reaches 47.23% and total cumulative return in cash sums $256,326. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,916/mo property income instead of your personal income.
Single Family
Built in 1992
9,600 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Medina McKellar • The McKellar Group
Mls Name: HAR
Mls ID: #97709385