15695 Schank RdConroeTX77306
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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 15695 Schank Rd, Conroe, TX, 77306 uses $56,687 cash to close to unlock $947/yr annual cash flow and $79/mo monthly cash flow. Total monthly income runs $1,295/mo, and a $837/mo payment keeps the spread at $79/mo. Purchase price stands at $171,000, and rental yield measures 9.09% with $1,295/mo rent. Return on cash invested shows 21.58% in year one, and 5% annual appreciation builds toward $47,244 over five years. Five-year ROI reaches 113% and total cumulative return in cash records $64,055. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,295/mo property income covering a $837/mo payment rather than investor’s personal income.
Single Family
Built in 2019
10,062 sqft 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
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