1310 Beech DrConroeTX77385
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
Investment Highlights
Investment property for sale in Conroe at 1310 Beech Dr, Conroe, TX, 77385 uses $89,604 cash to close to unlock $4,390/yr annual cash flow and $366/mo monthly cash flow. Total monthly income runs $2,371/mo, and a $1,323/mo payment keeps the spread at $366/mo. Purchase price stands at $270,300, and rental yield measures 10.53% with $2,371/mo rent. Return on cash invested shows 24.81% in year one, and 5% annual appreciation builds toward $74,679 over five years. Five-year ROI reaches 130.73% and total cumulative return in cash records $117,143. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,371/mo property income covering a $1,323/mo payment rather than investor’s personal income.
Single Family
Built in 2006
9,661 sqft lot
$N/A/sqft
$83 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices