17504 Old Highway 105 EConroeTX77306
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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
Rental property for sale in Conroe at 17504 Old Highway 105 E, Conroe, TX, 77306 generates $1,828/mo in rent and, after a $925/mo payment, leaves $452/mo in cash flow. Total monthly income is $1,828/mo, and annual cash flow is $5,428/yr on $62,620 invested. Return on cash invested sits at 28.58% in year one, and rental yield is 11.61% on a $188,900 entry. Equity gained on principal adds $1,219/yr, while 5% annual appreciation builds toward $52,190 over five years. Five-year ROI reaches 150.82% and total cumulative return in cash sums $94,443. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,828/mo property income rather than buyer’s personal income.
Manufactured
Built in 2018
0.28 Acres lot
$N/A/sqft
$383 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: Obed Romero • 2M Realty Advisors, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #69044837
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