476 Shoreview DrConroeTX77303
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
Rental property for sale in Conroe at 476 Shoreview Dr, Conroe, TX, 77303 priced at $255,990 pairs $1,711/mo rent with after a $1,253/mo payment. Total monthly income equals $1,711/mo. Return on cash invested is 18.36% in year one, and rental yield stands at 8.02% on a $255,990 basis. Equity gained on principal adds $1,652/yr, and 5% annual appreciation accumulates to $70,725 by year five. Five-year ROI measures 95.77% and total cumulative return in cash reaches $81,271. For financing, Ziffy Mortgage’s DSCR program evaluates $1,711/mo property income against a $1,253/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77303, Conroe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,577 (100%) |
| Owner Occupied HU | 6,547 (68.4%) |
| Renter Occupied HU | 2,463 (25.7%) |
| Vacant Housing Units | 567 ( 5.9%) |
| Median Home Value | $305,121 |
| Average Home Value | $343,028 |
Housing Distribution
Address Breakdown
Residential
9,827
Single Family
8,708
Multi-Family
1,119
Businesses
447
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
