1506 Heartwood DrConroeTX77384
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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 1506 Heartwood Dr, Conroe, TX, 77384 earns from $2,718/mo rent with a $1,933/mo payment. Total monthly income totals $2,718/mo. ROI tracks 19.08% on current figures, and rental yield reads 8.26% at a $395,000 purchase. Equity gained on principal adds $2,549/yr, and 5% annual appreciation supports $109,131 over five years. Five-year ROI reaches 99.61% and total cumulative return in cash sums $130,434. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,718/mo property income instead of your personal income.
Single Family
Built in 2016
8,720 sqft lot
$N/A/sqft
No 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
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