106 Grazing Field DrConroeTX77384
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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 Conroe at 106 Grazing Field Dr, Conroe, TX, 77384 priced at $485,000 pairs $3,630/mo rent with $125/mo cash flow after a $2,374/mo payment. Total monthly income equals $3,630/mo, and annual cash flow comes to $1,506/yr on $160,778 invested. Return on cash invested is 20.85% in year one, and rental yield stands at 8.98% on a $485,000 basis. Equity gained on principal adds $3,130/yr, and 5% annual appreciation accumulates to $133,997 by year five. Five-year ROI measures 109.24% and total cumulative return in cash reaches $175,634. For financing, Ziffy Mortgage’s DSCR program evaluates $3,630/mo property income against a $2,374/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2013
9,413 sqft lot
$N/A/sqft
$665 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
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Listed by: Jennifer Jacobson • Compass RE Texas, LLC - The Woodlands
Mls Name: HAR
Mls Provider:
Mls ID: #91557441
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