597 Longwood LnConroeTX77302
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 597 Longwood Ln, Conroe, TX, 77302 earns $215/mo cash flow from $3,128/mo rent with a $1,946/mo payment. Total monthly income totals $3,128/mo, and annual cash flow totals $2,574/yr on $131,771 capital. ROI tracks 21.86% on current figures, and rental yield reads 9.44% at a $397,500 purchase. Equity gained on principal adds $2,565/yr, and 5% annual appreciation supports $109,822 over five years. Five-year ROI reaches 114.82% and total cumulative return in cash sums $151,295. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,128/mo property income instead of your personal income.
Single Family
Built in 1973
0.27 Acres lot
$N/A/sqft
$259 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77302, Conroe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,733 (100%) |
| Owner Occupied HU | 7,572 (77.8%) |
| Renter Occupied HU | 1,583 (16.3%) |
| Vacant Housing Units | 578 ( 5.9%) |
| Median Home Value | $326,350 |
| Average Home Value | $391,076 |
Housing Distribution
Address Breakdown
Residential
8,977
Single Family
8,977
Multi-Family
0
Businesses
194
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Listed by: Vicki Fullerton • RE/MAX The Woodlands & Spring
Mls Name: HAR
Mls Provider:
Mls ID: #35187871
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