15475 Conroe 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 15475 Conroe Dr, Conroe, TX, 77384 offers a 8.83% rental yield on a $949,900 purchase with $6,992/mo rent. Total monthly income registers $6,992/mo, and a $4,649/mo payment leaves $206/mo available for distribution. Annual cash flow reaches $2,472/yr on $312,517 to close, and return on cash invested stands at 20.85% in year one. Equity gained on principal adds $6,130/yr while 5% annual appreciation supports $262,440 over five years. Portfolio math shows five-year ROI at 109.11% and total cumulative return in cash at $340,998. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,992/mo property income against a $4,649/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
0.91 Acres lot
$N/A/sqft
$377 annually 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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Listed by: Rosalee Torrence • Better Homes and Gardens Real Estate Gary Greene - The Woodlands
Mls Name: HAR
Mls Provider:
Mls ID: #78285181
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