6207 Fieldwood LnConroeTX77304
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 6207 Fieldwood Ln, Conroe, TX, 77304 priced at $955,000 pairs $4,721/mo rent with after a $4,674/mo payment. Total monthly income equals $4,721/mo. Return on cash invested is 11.65% in year one, and rental yield stands at 5.93% on a $955,000 basis. Equity gained on principal adds $6,162/yr, and 5% annual appreciation accumulates to $263,849 by year five. Five-year ROI measures 59.89% and total cumulative return in cash reaches $188,171. For financing, Ziffy Mortgage’s DSCR program evaluates $4,721/mo property income against a $4,674/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
1.94 Acres lot
$N/A/sqft
$1,600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77304, Conroe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,022 (100%) |
| Owner Occupied HU | 12,097 (54.9%) |
| Renter Occupied HU | 7,680 (34.9%) |
| Vacant Housing Units | 2,245 (10.2%) |
| Median Home Value | $383,902 |
| Average Home Value | $451,552 |
Housing Distribution
Address Breakdown
Residential
19,796
Single Family
13,347
Multi-Family
6,449
Businesses
1,250
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christi Finnell • Coldwell Banker Realty - The Woodlands
Mls Name: HAR
Mls Provider:
Mls ID: #42875270
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.