131 Grove Terrace Ct #5YIBR0MontgomeryTX77316
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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 131 Grove Terrace Ct #5YIBR0, Montgomery, TX, 77316 offers $3,282/mo rent that, after a $1,833/mo payment, leaves $619/mo cash flow. Total monthly income is $3,282/mo, and annual cash flow is $7,429/yr on $124,114 cash. Return on cash invested measures 25.89% in year one, and rental yield stands at 10.52% at a $374,400 entry. Equity gained on principal adds $2,416/yr while 5% annual appreciation compounds into $103,440 by year five. Five-year ROI records 136.19% and total cumulative return in cash reaches $169,026. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,282/mo property income versus a $1,833/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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