686 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 686 Edgewood Dr, Montgomery, TX, 77356 at $665,000 posts ROI 28.95% with $1,621/mo cash flow from $6,350/mo rent. Total monthly income equals $6,350/mo, and annual cash flow records $19,451/yr on $218,785 to close. Return on cash invested measures 28.95% and rental yield reads 11.46% at the current $665,000. Equity gained on principal adds $4,291/yr, and 5% annual appreciation supports $183,727 by year five. Five-year ROI prints 152.5% and total cumulative return in cash totals $333,655.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,350/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1999
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
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Listed by: Erica Stietenroth • Real Broker, LLC
Mls Name: HAR
Mls ID: #30385302