3050 Nickell Back DrConroeTX77301
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3050 Nickell Back Dr, Conroe, TX, 77301 uses $92,154 cash to close to unlock $5,238/yr annual cash flow and $437/mo monthly cash flow. Total monthly income runs $2,455/mo, and a $1,361/mo payment keeps the spread at $437/mo. Purchase price stands at $277,990, and rental yield measures 10.6% with $2,455/mo rent. Return on cash invested shows 25.59% in year one, and 5% annual appreciation builds toward $76,804 over five years. Five-year ROI reaches 134.75% and total cumulative return in cash records $124,178. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,455/mo property income covering a $1,361/mo payment rather than investor’s personal income.
Single Family
Built in 2025
4,399 sqft lot
$N/A/sqft
$495 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bradley Tiffan • Legend Home Corporation
Mls Name: HAR
Mls Provider:
Mls ID: #36555454
Disclaimer: Copyright 2026, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.