15090 Wild Gully WayConroeTX77302
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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 15090 Wild Gully Way, Conroe, TX, 77302 priced at $324,850 converts $3,900/mo rent into $1,524/mo cash flow after a $1,590/mo obligation. Total monthly income equals $3,900/mo, and annual cash flow totals $18,284/yr on $107,688 invested. Return on cash invested prints 36.89% in year one, and rental yield reads 14.41% against a $324,850 entry. Equity gained on principal adds $2,096/yr, while 5% annual appreciation compiles into $89,750 by year five. Five-year ROI reaches 195.37% and total cumulative return in cash sums $210,386. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,900/mo property income covering a $1,590/mo payment, not borrower’s personal income.
Single Family
Built in 2024
5,847 sqft lot
$N/A/sqft
$795 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77302, Conroe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,733 (100%) |
| Owner Occupied HU | 7,572 (77.8%) |
| Renter Occupied HU | 1,583 (16.3%) |
| Vacant Housing Units | 578 ( 5.9%) |
| Median Home Value | $326,350 |
| Average Home Value | $391,076 |
Housing Distribution
Address Breakdown
Residential
8,977
Single Family
8,977
Multi-Family
0
Businesses
194
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Listed by: Jimmy Franklin • Pulte Homes
Mls Name: HAR
Mls Provider:
Mls ID: #2270405
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