16035 Tallis DrConroeTX77303
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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 16035 Tallis Dr, Conroe, TX, 77303 offers a 10.21% rental yield on a $260,990 purchase with $2,220/mo rent. Total monthly income registers $2,220/mo, and a $1,277/mo payment leaves $339/mo available for distribution. Annual cash flow reaches $4,069/yr on $86,518 to close, and return on cash invested stands at 24.61% in year one. Equity gained on principal adds $1,684/yr while 5% annual appreciation supports $72,107 over five years. Portfolio math shows five-year ROI at 129.45% and total cumulative return in cash at $112,000. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,220/mo property income against a $1,277/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$305 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77303, Conroe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,577 (100%) |
| Owner Occupied HU | 6,547 (68.4%) |
| Renter Occupied HU | 2,463 (25.7%) |
| Vacant Housing Units | 567 ( 5.9%) |
| Median Home Value | $305,121 |
| Average Home Value | $343,028 |
Housing Distribution
Address Breakdown
Residential
9,827
Single Family
8,708
Multi-Family
1,119
Businesses
447
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Listed by: Jared Turner • Lennar Homes Village Builders, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #69454606
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