2030 Plantation Dr APT C5ConroeTX77301
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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 2030 Plantation Dr APT C5, Conroe, TX, 77301 generates $1,229/mo in rent, after a $717/mo payment. Total monthly income is $1,229/mo. Return on cash invested sits at 12.95% in year one, and rental yield is 10.07% on a $146,500 entry. Equity gained on principal adds $945/yr, while 5% annual appreciation builds toward $40,475 over five years. Five-year ROI reaches 71.01% and total cumulative return in cash sums $34,487. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,229/mo property income rather than buyer’s personal income.
Townhouse
Built in 1983
779 sqft lot
$N/A/sqft
$469 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77301, Conroe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,382 (100%) |
| Owner Occupied HU | 8,471 (55.1%) |
| Renter Occupied HU | 5,818 (37.8%) |
| Vacant Housing Units | 1,093 ( 7.1%) |
| Median Home Value | $261,481 |
| Average Home Value | $328,172 |
Housing Distribution
Address Breakdown
Residential
14,264
Single Family
11,464
Multi-Family
2,800
Businesses
1,784
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Listed by: Christine Gordon • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #73361424
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