524 Halifax CtMontgomeryTX77316
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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
Rental property for sale in Montgomery at 524 Halifax Ct, Montgomery, TX, 77316 priced at $240,800 pairs $2,125/mo rent with $412/mo cash flow after a $1,179/mo payment. Total monthly income equals $2,125/mo, and annual cash flow comes to $4,947/yr on $79,825 invested. Return on cash invested is 26.11% in year one, and rental yield stands at 10.59% on a $240,800 basis. Equity gained on principal adds $1,554/yr, and 5% annual appreciation accumulates to $66,529 by year five. Five-year ROI measures 137.31% and total cumulative return in cash reaches $109,609. For financing, Ziffy Mortgage’s DSCR program evaluates $2,125/mo property income against a $1,179/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
6,028 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77316, Montgomery, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,356 (100%) |
| Owner Occupied HU | 13,173 (80.5%) |
| Renter Occupied HU | 1,831 (11.2%) |
| Vacant Housing Units | 1,352 ( 8.3%) |
| Median Home Value | $452,118 |
| Average Home Value | $493,656 |
Housing Distribution
Address Breakdown
Residential
15,368
Single Family
14,899
Multi-Family
469
Businesses
331
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Listed by: Linda Glenn • Century 21 Realty Partners
Mls Name: HAR
Mls ID: #90965756