1555 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 1555 King Ranch Rd, Conroe, TX, 77301 offers a 15.79% rental yield on a $349,990 purchase with $4,606/mo rent. Total monthly income registers $4,606/mo, and a $1,713/mo payment leaves $2,076/mo available for distribution. Annual cash flow reaches $24,906/yr on $116,022 to close, and return on cash invested stands at 41.38% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,696 over five years. Portfolio math shows five-year ROI at 219.33% and total cumulative return in cash at $254,471. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,606/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, 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: #5089299
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