111 Bonnie Ridge CirConroeTX77384
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 111 Bonnie Ridge Cir, Conroe, TX, 77384 in Conroe is a conservative rental investment at $819,000. Rental yield 6.79%. A 1.26 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $226,275; $7,543/yr in principal paydown supplements. Total projected return: $228,438.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.8% | 6.2% |
| Monthly Cash Flow | $(1,337) | $250 |
City averages based on Conroe market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,634 |
| Total Monthly Debt Service | $5,646 |
| DSCR Ratio | 0.82x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2015
4,939 sqft lot
$N/A/sqft
$1,768 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
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
Single Family
Built in 2015
4,939 sqft lot
$N/A/sqft
$1,768 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jack McLemore • ListingResults.com
Mls Name: HAR
Mls Provider:
Mls ID: #22328064
Disclaimer: Copyright 2025, 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.