9731 Gulfstream DrConroeTX77303
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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 9731 Gulfstream Dr, Conroe, TX, 77303 uses $70,275 cash to close to unlock $2,377/yr annual cash flow and $198/mo monthly cash flow. Total monthly income runs $1,706/mo, and a $1,038/mo payment keeps the spread at $198/mo. Purchase price stands at $211,990, and rental yield measures 9.66% with $1,706/mo rent. Return on cash invested shows 23.29% in year one, and 5% annual appreciation builds toward $58,569 over five years. Five-year ROI reaches 122.27% and total cumulative return in cash records $85,924. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,706/mo property income covering a $1,038/mo payment rather than investor’s personal income.
Single Family
Built in 2008
5,401 sqft 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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