123 Canopy Crossing CirConroeTX77301
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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 123 Canopy Crossing Cir, Conroe, TX, 77301 generates $2,092/mo in rent and, after a $1,302/mo payment, leaves $200/mo in cash flow. Total monthly income is $2,092/mo, and annual cash flow is $2,402/yr on $88,212 invested. Return on cash invested sits at 22.63% in year one, and rental yield is 9.43% on a $266,100 entry. Equity gained on principal adds $1,717/yr, while 5% annual appreciation builds toward $73,519 over five years. Five-year ROI reaches 118.69% and total cumulative return in cash sums $104,701. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,092/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A 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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