16491 Taurus CtConroeTX77306
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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 16491 Taurus Ct, Conroe, TX, 77306 offers a 8.82% rental yield on a $240,000 purchase with $1,763/mo rent. Total monthly income registers $1,763/mo, and a $1,175/mo payment leaves $27/mo available for distribution. Annual cash flow reaches $322/yr on $79,560 to close, and return on cash invested stands at 20.31% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 106.4% and total cumulative return in cash at $84,650. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,763/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2001
9,147 sqft lot
$N/A/sqft
$350 annually 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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Listed by: Isabel Marquez • Zarco Properties, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #9766187
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