1519 King Ranch RdConroeTX77301
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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 1519 King Ranch Rd, Conroe, TX, 77301 at $344,740 posts ROI 39.2% with $1,837/mo cash flow from $4,330/mo rent. Total monthly income equals $4,330/mo, and annual cash flow records $22,046/yr on $114,281 to close. Return on cash invested measures 39.2% and rental yield reads 15.07% at the current $344,740. Equity gained on principal adds $2,225/yr, and 5% annual appreciation supports $95,245 by year five. Five-year ROI prints 207.69% and total cumulative return in cash totals $237,354.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,330/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
N/A lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77301, Conroe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,382 (100%) |
| Owner Occupied HU | 8,471 (55.1%) |
| Renter Occupied HU | 5,818 (37.8%) |
| Vacant Housing Units | 1,093 ( 7.1%) |
| Median Home Value | $261,481 |
| Average Home Value | $328,172 |
Housing Distribution
Address Breakdown
Residential
14,264
Single Family
11,464
Multi-Family
2,800
Businesses
1,784
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Listed by: Patrick McGrath • Meritage Homes Realty
Mls Name: HAR
Mls Provider:
Mls ID: #20278719
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