247 W Misty Dawn DrConroeTX77385
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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 247 W Misty Dawn Dr, Conroe, TX, 77385 at $320,900 posts ROI 19.65% with from $2,437/mo rent. Total monthly income equals $2,437/mo. Return on cash invested measures 19.65% and rental yield reads 9.11% at the current $320,900. Equity gained on principal adds $2,071/yr, and 5% annual appreciation supports $88,659 by year five. Five-year ROI prints 103.38% and total cumulative return in cash totals $109,978. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,437/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2002
6,324 sqft lot
$N/A/sqft
$178 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77385, Conroe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,197 (100%) |
| Owner Occupied HU | 9,411 (77.2%) |
| Renter Occupied HU | 2,251 (18.5%) |
| Vacant Housing Units | 535 ( 4.4%) |
| Median Home Value | $353,235 |
| Average Home Value | $383,398 |
Housing Distribution
Address Breakdown
Residential
11,717
Single Family
10,948
Multi-Family
769
Businesses
833
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