Horizon 48 Limited Edition Plan, The Reserve on Sleepy HollowConroeTX77385
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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 Horizon 48 Limited Edition Plan, The Reserve on Sleepy Hollow, Conroe, TX, 77385 generates $1,136/mo in rent and, after a $730/mo payment, leaves $75/mo in cash flow. Total monthly income is $1,136/mo, and annual cash flow is $903/yr on $49,459 invested. Return on cash invested sits at 21.74% in year one, and rental yield is 9.14% on a $149,199 entry. Equity gained on principal adds $963/yr, while 5% annual appreciation builds toward $41,221 over five years. Five-year ROI reaches 113.95% and total cumulative return in cash sums $56,358. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,136/mo property income rather than buyer’s personal income.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No 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
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