9244 Inland Leather LnConroeTX77385
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 9244 Inland Leather Ln, Conroe, TX, 77385 generates $2,513/mo in rent and, after a $1,615/mo payment, leaves $73/mo in cash flow. Total monthly income is $2,513/mo, and annual cash flow is $873/yr on $109,362 invested. Return on cash invested sits at 20.71% in year one, and rental yield is 9.14% on a $329,900 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 108.71% and total cumulative return in cash sums $118,887. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,513/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
8,685 sqft lot
$N/A/sqft
$1,128 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77385, Conroe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,197 (100%) |
| Owner Occupied HU | 9,411 (77.2%) |
| Renter Occupied HU | 2,251 (18.5%) |
| Vacant Housing Units | 535 ( 4.4%) |
| Median Home Value | $353,235 |
| Average Home Value | $383,398 |
Housing Distribution
Address Breakdown
Residential
11,717
Single Family
10,948
Multi-Family
769
Businesses
833
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Yoingco • Walzel Properties - Corporate Office
Mls Name: HAR
Mls Provider:
Mls ID: #3089026
Disclaimer: Copyright 2025, 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.