9053 Lantern Creek CtConroeTX77303
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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
Investment property for sale in Conroe at 9053 Lantern Creek Ct, Conroe, TX, 77303 earns from $2,729/mo rent with a $2,814/mo payment. Total monthly income totals $2,729/mo. ROI tracks 11.44% on current figures, and rental yield reads 5.7% at a $575,000 purchase. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,862 over five years. Five-year ROI reaches 58.61% and total cumulative return in cash sums $110,867. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,729/mo property income instead of your personal income.
Single Family
Built in 1987
7.45 Acres 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
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