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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Conroe at 3002 Nickell Back Dr, Conroe, TX, 77301 offers a 9.86% rental yield on a $333,027 purchase with $2,736/mo rent. Total monthly income registers $2,736/mo, and a $1,630/mo payment leaves $330/mo available for distribution. Annual cash flow reaches $3,963/yr on $110,398 to close, and return on cash invested stands at 23.5% in year one. Equity gained on principal adds $2,149/yr while 5% annual appreciation supports $92,009 over five years. Portfolio math shows five-year ROI at 123.48% and total cumulative return in cash at $136,321. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,736/mo property income against a $1,630/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
5,738 sqft lot
$N/A/sqft
$450 annually HOA
Neighborhood data shown for ZIP Code: 77301, Conroe, TX area.
| 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 |
Residential
14,264
Single Family
11,464
Multi-Family
2,800
Businesses
1,784
Date | Event | Price |
|---|---|---|
| 2025-04-14 | Listed for sale | $333,027 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Radiant Attic Barrier
Listed by: Bradley Tiffan • Legend Home Corporation
Mls Name: HAR
Mls Provider:
Mls ID: #64121590
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