10831 Highway 242ConroeTX77385
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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 10831 Highway 242, Conroe, TX, 77385 earns from $2,530/mo rent with a $6,363/mo payment. Total monthly income totals $2,530/mo. ROI tracks 1.24% on current figures, and rental yield reads 2.34% at a $1,300,000 purchase. Equity gained on principal adds $8,389/yr, and 5% annual appreciation supports $359,166 over five years. Five-year ROI reaches 3.87% and total cumulative return in cash sums $16,311. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,530/mo property income instead of your personal income.
Single Family
Built in 1978
0.95 Acres 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
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Nearby investment properties with comparable prices
Listed by: Noe Farias • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #86655948
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