17532 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 17532 Old Highway 105 E, Conroe, TX, 77306 generates $1,724/mo in rent and, after a $1,028/mo payment, leaves $200/mo in cash flow. Total monthly income is $1,724/mo, and annual cash flow is $2,403/yr on $69,613 invested. Return on cash invested sits at 23.36% in year one, and rental yield is 9.85% on a $209,995 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,018 over five years. Five-year ROI reaches 122.79% and total cumulative return in cash sums $85,478. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,724/mo property income rather than buyer’s personal income.
Manufactured
Built in 2018
0.42 Acres lot
$N/A/sqft
$363 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: Brian Pieretti • Keller Williams Realty The Woodlands
Mls Name: HAR
Mls Provider:
Mls ID: #36135110
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