1981 Harmon DrConroeTX77304
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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 1981 Harmon Dr, Conroe, TX, 77304 listed at $314,000 pairs $2,944/mo rent with a $1,537/mo payment to leave $585/mo cash flow. Total monthly income runs $2,944/mo, and annual cash flow reaches $7,022/yr on $104,091 cash to close. Return on cash invested measures 26.65% in year one, and rental yield registers 11.25% at a $314,000 basis. Equity gained on principal adds $2,026/yr, and annual property appreciation at 5% supports $86,752 by year five. Five-year ROI tracks 140.79% and total cumulative return in cash totals $146,547. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,944/mo property income relative to a $1,537/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2019
6,500 sqft lot
$N/A/sqft
$665 annually 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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Listed by: Vicki Mckenzie • Coldwell Banker Realty - Lake Conroe/Willis
Mls Name: HAR
Mls Provider:
Mls ID: #4141027
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