705 Little RivConroeTX77316
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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
Rental property for sale in Conroe at 705 Little Riv, Conroe, TX, 77316 priced at $205,900 converts $1,383/mo rent into after a $1,008/mo obligation. Total monthly income equals $1,383/mo. Return on cash invested prints 18.26% in year one, and rental yield reads 8.06% against a $205,900 entry. Equity gained on principal adds $1,329/yr, while 5% annual appreciation compiles into $56,886 by year five. Five-year ROI reaches 95.34% and total cumulative return in cash sums $65,076. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,383/mo property income covering a $1,008/mo payment, not borrower’s personal income.
Single Family
Built in 2025
5,174 sqft lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77316, Montgomery, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,356 (100%) |
| Owner Occupied HU | 13,173 (80.5%) |
| Renter Occupied HU | 1,831 (11.2%) |
| Vacant Housing Units | 1,352 ( 8.3%) |
| Median Home Value | $452,118 |
| Average Home Value | $493,656 |
Housing Distribution
Address Breakdown
Residential
15,368
Single Family
14,899
Multi-Family
469
Businesses
331
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Listed by: Steven Franco • Real Broker, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #83224035
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