43 Wilmington WayConroeTX77384
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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 43 Wilmington Way, Conroe, TX, 77384 with 5% annual appreciation on a $393,900 basis while $3,556/mo rent supports operations. Total monthly income totals $3,556/mo and a $1,928/mo payment preserves $755/mo for cash returns. Annual cash flow comes to $9,058/yr on $130,578 deployed, and return on cash invested reaches 26.85% in year one. Equity gained on principal adds $2,542/yr, and five-year appreciation sums $108,827 alongside rental yield of 10.83%. Five-year ROI measures 141.25% and total cumulative return in cash totals $184,437.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,556/mo property income versus a $1,928/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2000
7,061 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77384, Conroe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,192 (100%) |
| Owner Occupied HU | 7,349 (55.7%) |
| Renter Occupied HU | 4,797 (36.4%) |
| Vacant Housing Units | 1,046 ( 7.9%) |
| Median Home Value | $435,407 |
| Average Home Value | $514,757 |
Housing Distribution
Address Breakdown
Residential
13,283
Single Family
8,292
Multi-Family
4,991
Businesses
691
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