10566 Wild ChivesConroeTX77385
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 10566 Wild Chives, Conroe, TX, 77385 uses $116,025 cash to close to unlock $5,894/yr annual cash flow and $491/mo monthly cash flow. Total monthly income runs $2,980/mo, and a $1,713/mo payment keeps the spread at $491/mo. Purchase price stands at $350,000, and rental yield measures 10.22% with $2,980/mo rent. Return on cash invested shows 24.99% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 131.32% and total cumulative return in cash records $152,366. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,980/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77385, Conroe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,197 (100%) |
| Owner Occupied HU | 9,411 (77.2%) |
| Renter Occupied HU | 2,251 (18.5%) |
| Vacant Housing Units | 535 ( 4.4%) |
| Median Home Value | $353,235 |
| Average Home Value | $383,398 |
Housing Distribution
Address Breakdown
Residential
11,717
Single Family
10,948
Multi-Family
769
Businesses
833
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices