10571 Altitude WayConroeTX77303
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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 Conroe at 10571 Altitude Way, Conroe, TX, 77303 with 5% annual appreciation on a $268,250 basis while $3,800/mo rent supports operations. Total monthly income totals $3,800/mo and a $1,313/mo payment preserves $1,838/mo for cash returns. Annual cash flow comes to $22,059/yr on $88,925 deployed, and return on cash invested reaches 44.71% in year one. Equity gained on principal adds $1,731/yr, and five-year appreciation sums $74,113 alongside rental yield of 17%. Five-year ROI measures 237.39% and total cumulative return in cash totals $211,096.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,800/mo property income versus a $1,313/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
5,000 sqft lot
$N/A/sqft
$650 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77303, Conroe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,577 (100%) |
| Owner Occupied HU | 6,547 (68.4%) |
| Renter Occupied HU | 2,463 (25.7%) |
| Vacant Housing Units | 567 ( 5.9%) |
| Median Home Value | $305,121 |
| Average Home Value | $343,028 |
Housing Distribution
Address Breakdown
Residential
9,827
Single Family
8,708
Multi-Family
1,119
Businesses
447
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Listed by: Jared Turner • Turner Mangum,LLC
Mls Name: HAR
Mls Provider:
Mls ID: #86597621
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