10216 Prairie Creek LnConroeTX77384
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 Conroe at 10216 Prairie Creek Ln, Conroe, TX, 77384 uses $184,237 cash to close to unlock $3,322/yr annual cash flow and $277/mo monthly cash flow. Total monthly income runs $4,330/mo, and a $2,741/mo payment keeps the spread at $277/mo. Purchase price stands at $559,990, and rental yield measures 9.28% with $4,330/mo rent. Return on cash invested shows 21.86% in year one, and 5% annual appreciation builds toward $154,715 over five years. Five-year ROI reaches 114.68% and total cumulative return in cash records $211,274. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,330/mo property income covering a $2,741/mo payment rather than investor’s personal income.
Single Family
Built in 2022
8,049 sqft lot
$N/A/sqft
$850 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77384, Conroe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,192 (100%) |
| Owner Occupied HU | 7,349 (55.7%) |
| Renter Occupied HU | 4,797 (36.4%) |
| Vacant Housing Units | 1,046 ( 7.9%) |
| Median Home Value | $435,407 |
| Average Home Value | $514,757 |
Housing Distribution
Address Breakdown
Residential
13,283
Single Family
8,292
Multi-Family
4,991
Businesses
691
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jared Turner • Turner Mangum,LLC
Mls Name: HAR
Mls Provider:
Mls ID: #36963242
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.