94 Oak Estates DrConroeTX77384
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 94 Oak Estates Dr, Conroe, TX, 77384 priced at $999,840 converts $5,462/mo rent into after a $4,894/mo obligation. Total monthly income equals $5,462/mo. Return on cash invested prints 13.65% in year one, and rental yield reads 6.56% against a $999,840 entry. Equity gained on principal adds $6,452/yr, while 5% annual appreciation compiles into $276,237 by year five. Five-year ROI reaches 70.62% and total cumulative return in cash sums $232,309. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,462/mo property income covering a $4,894/mo payment, not borrower’s personal income.
Single Family
Built in 2017
0.28 Acres lot
$N/A/sqft
$1,295 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Roth • RE/MAX The Woodlands & Spring
Mls Name: HAR
Mls Provider:
Mls ID: #68732855
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.