1181 Big Oak DrConroeTX77301
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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 1181 Big Oak Dr, Conroe, TX, 77301 priced at $165,000 converts $1,304/mo rent into $130/mo cash flow after a $808/mo obligation. Total monthly income equals $1,304/mo, and annual cash flow totals $1,563/yr on $54,698 invested. Return on cash invested prints 22.77% in year one, and rental yield reads 9.48% against a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation compiles into $45,586 by year five. Five-year ROI reaches 119.46% and total cumulative return in cash sums $65,339. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,304/mo property income covering a $808/mo payment, not borrower’s personal income.
Single Family
Built in 1974
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77301, Conroe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,382 (100%) |
| Owner Occupied HU | 8,471 (55.1%) |
| Renter Occupied HU | 5,818 (37.8%) |
| Vacant Housing Units | 1,093 ( 7.1%) |
| Median Home Value | $261,481 |
| Average Home Value | $328,172 |
Housing Distribution
Address Breakdown
Residential
14,264
Single Family
11,464
Multi-Family
2,800
Businesses
1,784
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Listed by: John Byers • TowerPoint Realty
Mls Name: BCSMLS
Mls Provider:
Mls ID: #24017616
Disclaimer: IDX information is provided exclusively for 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.