16085 Deer Pines 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 16085 Deer Pines Dr, Conroe, TX, 77303 listed at $450,000 pairs $3,265/mo rent with a $2,203/mo payment to leave $27/mo cash flow. Total monthly income runs $3,265/mo, and annual cash flow reaches $324/yr on $149,175 cash to close. Return on cash invested measures 20.13% in year one, and rental yield registers 8.71% at a $450,000 basis. Equity gained on principal adds $2,904/yr, and annual property appreciation at 5% supports $124,327 by year five. Five-year ROI tracks 105.32% and total cumulative return in cash totals $157,110. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,265/mo property income relative to a $2,203/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
1.42 Acres lot
$N/A/sqft
$450 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: Lauren Ashley • Better Homes and Gardens Real Estate Gary Greene - Champions
Mls Name: HAR
Mls Provider:
Mls ID: #55356004
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