11087 Mills Creek RdConroeTX77304
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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 11087 Mills Creek Rd, Conroe, TX, 77304 earns $5/mo cash flow from $1,605/mo rent with a $1,101/mo payment. Total monthly income totals $1,605/mo, and annual cash flow totals $63/yr on $74,588 capital. ROI tracks 19.99% on current figures, and rental yield reads 8.56% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 104.54% and total cumulative return in cash sums $77,973. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,605/mo property income instead of your personal income.
Single Family
Built in 1985
2.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77304, Conroe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,022 (100%) |
| Owner Occupied HU | 12,097 (54.9%) |
| Renter Occupied HU | 7,680 (34.9%) |
| Vacant Housing Units | 2,245 (10.2%) |
| Median Home Value | $383,902 |
| Average Home Value | $451,552 |
Housing Distribution
Address Breakdown
Residential
19,796
Single Family
13,347
Multi-Family
6,449
Businesses
1,250
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