656 Craven StMontgomeryTX77316
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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 656 Craven St, Montgomery, TX, 77316 with 5% annual appreciation on a $239,990 basis while $2,706/mo rent supports operations. Total monthly income totals $2,706/mo and a $1,175/mo payment preserves $999/mo for cash returns. Annual cash flow comes to $11,988/yr on $79,557 deployed, and return on cash invested reaches 34.98% in year one. Equity gained on principal adds $1,549/yr, and five-year appreciation sums $66,305 alongside rental yield of 13.53%. Five-year ROI measures 184.92% and total cumulative return in cash totals $147,119.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,706/mo property income versus a $1,175/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A 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: Jared Turner • Starlight Homes
Mls Name: HAR
Mls ID: #67556002