1898 Longmire Rd UNIT 20ConroeTX77304
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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 1898 Longmire Rd UNIT 20, Conroe, TX, 77304 earns $475/mo cash flow from $2,359/mo rent with a $1,297/mo payment. Total monthly income totals $2,359/mo, and annual cash flow totals $5,695/yr on $87,848 capital. ROI tracks 26.39% on current figures, and rental yield reads 10.68% at a $265,000 purchase. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 over five years. Five-year ROI reaches 138.83% and total cumulative return in cash sums $121,959. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,359/mo property income instead of your personal income.
Townhouse
Built in 2018
1,402 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77304, Conroe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,022 (100%) |
| Owner Occupied HU | 12,097 (54.9%) |
| Renter Occupied HU | 7,680 (34.9%) |
| Vacant Housing Units | 2,245 (10.2%) |
| Median Home Value | $383,902 |
| Average Home Value | $451,552 |
Housing Distribution
Address Breakdown
Residential
19,796
Single Family
13,347
Multi-Family
6,449
Businesses
1,250
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