9039 Centennial DrConroeTX77384
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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 9039 Centennial Dr, Conroe, TX, 77384 generates $3,216/mo in rent and, after a $1,708/mo payment, leaves $734/mo in cash flow. Total monthly income is $3,216/mo, and annual cash flow is $8,813/yr on $115,694 invested. Return on cash invested sits at 27.53% in year one, and rental yield is 11.06% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 144.92% and total cumulative return in cash sums $167,664. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,216/mo property income rather than buyer’s personal income.
Townhouse
Built in 2014
N/A 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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