47 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 47 Wilmington Way, Conroe, TX, 77384 listed at $439,500 pairs $3,508/mo rent with a $2,151/mo payment to leave $383/mo cash flow. Total monthly income runs $3,508/mo, and annual cash flow reaches $4,593/yr on $145,694 cash to close. Return on cash invested measures 23.06% in year one, and rental yield registers 9.58% at a $439,500 basis. Equity gained on principal adds $2,836/yr, and annual property appreciation at 5% supports $121,426 by year five. Five-year ROI tracks 120.96% and total cumulative return in cash totals $176,229. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,508/mo property income relative to a $2,151/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
9,652 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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