15536 Firetower RdConroeTX77306
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 15536 Firetower Rd, Conroe, TX, 77306 earns $101/mo cash flow from $904/mo rent with a $553/mo payment. Total monthly income totals $904/mo, and annual cash flow totals $1,206/yr on $37,460 capital. ROI tracks 23.13% on current figures, and rental yield reads 9.6% at a $113,000 purchase. Equity gained on principal adds $729/yr, and 5% annual appreciation supports $31,220 over five years. Five-year ROI reaches 121.36% and total cumulative return in cash sums $45,461. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $904/mo property income instead of your personal income.
Single Family
Built in 1967
1.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77306, Conroe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,534 (100%) |
| Owner Occupied HU | 4,724 (72.3%) |
| Renter Occupied HU | 1,192 (18.2%) |
| Vacant Housing Units | 618 ( 9.5%) |
| Median Home Value | $239,811 |
| Average Home Value | $291,168 |
Housing Distribution
Address Breakdown
Residential
6,701
Single Family
6,701
Multi-Family
0
Businesses
213
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices