3312 Pin Cherry LnConroeTX77301
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 3312 Pin Cherry Ln, Conroe, TX, 77301 offers a 9.45% rental yield on a $489,650 purchase with $3,857/mo rent. Total monthly income registers $3,857/mo, and a $2,397/mo payment leaves $375/mo available for distribution. Annual cash flow reaches $4,495/yr on $162,319 to close, and return on cash invested stands at 22.68% in year one. Equity gained on principal adds $3,160/yr while 5% annual appreciation supports $135,281 over five years. Portfolio math shows five-year ROI at 118.91% and total cumulative return in cash at $193,006. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,857/mo property income against a $2,397/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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