427 Heather LnConroeTX77385
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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 427 Heather Ln, Conroe, TX, 77385 earns from $3,505/mo rent with a $2,465/mo payment. Total monthly income totals $3,505/mo. ROI tracks 19.12% on current figures, and rental yield reads 8.35% at a $503,600 purchase. Equity gained on principal adds $3,250/yr, and 5% annual appreciation supports $139,135 over five years. Five-year ROI reaches 99.96% and total cumulative return in cash sums $165,622. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,505/mo property income instead of your personal income.
Single Family
Built in 1991
9,853 sqft lot
$N/A/sqft
$53 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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