31827 Oak Thicket CtConroeTX77385
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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 31827 Oak Thicket Ct, Conroe, TX, 77385 listed at $370,200 pairs $3,038/mo rent with a $1,812/mo payment to leave $263/mo cash flow. Total monthly income runs $3,038/mo, and annual cash flow reaches $3,158/yr on $122,721 cash to close. Return on cash invested measures 22.48% in year one, and rental yield registers 9.85% at a $370,200 basis. Equity gained on principal adds $2,389/yr, and annual property appreciation at 5% supports $102,279 by year five. Five-year ROI tracks 118.37% and total cumulative return in cash totals $145,268. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,038/mo property income relative to a $1,812/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
10,219 sqft lot
$N/A/sqft
$50 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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