122 Jacobs Meadow DrConroeTX77384
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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 122 Jacobs Meadow Dr, Conroe, TX, 77384 uses $120,732 cash to close to unlock $4,038/yr annual cash flow and $337/mo monthly cash flow. Total monthly income runs $3,012/mo, and a $1,783/mo payment keeps the spread at $337/mo. Purchase price stands at $364,200, and rental yield measures 9.92% with $3,012/mo rent. Return on cash invested shows 23.25% in year one, and 5% annual appreciation builds toward $100,622 over five years. Five-year ROI reaches 122.3% and total cumulative return in cash records $147,656. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,012/mo property income covering a $1,783/mo payment rather than investor’s personal income.
Single Family
Built in 2013
6,904 sqft lot
$N/A/sqft
$63 monthly 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
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