1059 1071 1087 Mann Rd #A/BConroeTX77303
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 1059 1071 1087 Mann Rd #A/B, Conroe, TX, 77303 earns from $1,771/mo rent with a $5,384/mo payment. Total monthly income totals $1,771/mo. ROI tracks -0.01% on current figures, and rental yield reads 1.93% at a $1,100,000 purchase. Equity gained on principal adds $7,098/yr, and 5% annual appreciation supports $303,910 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,771/mo property income instead of your personal income.
Multi Family
Built in 2015
0.28 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nancy Schwind • Executive Texas Realty
Mls Name: HAR
Mls Provider:
Mls ID: #14943938
Disclaimer: Copyright 2024, 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.