17116 Cornflower PlConroeTX77384
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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 17116 Cornflower Pl, Conroe, TX, 77384 uses $142,843 cash to close to unlock $2,647/yr annual cash flow and $221/mo monthly cash flow. Total monthly income runs $3,307/mo, and a $2,109/mo payment keeps the spread at $221/mo. Purchase price stands at $430,900, and rental yield measures 9.21% with $3,307/mo rent. Return on cash invested shows 21.76% in year one, and 5% annual appreciation builds toward $119,050 over five years. Five-year ROI reaches 114.07% and total cumulative return in cash records $162,945. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,307/mo property income covering a $2,109/mo payment rather than investor’s personal income.
Single Family
Built in 2021
6,873 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77384, Conroe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,192 (100%) |
| Owner Occupied HU | 7,349 (55.7%) |
| Renter Occupied HU | 4,797 (36.4%) |
| Vacant Housing Units | 1,046 ( 7.9%) |
| Median Home Value | $435,407 |
| Average Home Value | $514,757 |
Housing Distribution
Address Breakdown
Residential
13,283
Single Family
8,292
Multi-Family
4,991
Businesses
691
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