15656 Broadway Bend DrConroeTX77302
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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 15656 Broadway Bend Dr, Conroe, TX, 77302 listed at $539,990 pairs $5,777/mo rent with a $2,643/mo payment to leave $1,937/mo cash flow. Total monthly income runs $5,777/mo, and annual cash flow reaches $23,244/yr on $177,657 cash to close. Return on cash invested measures 33.14% in year one, and rental yield registers 12.84% at a $539,990 basis. Equity gained on principal adds $3,484/yr, and annual property appreciation at 5% supports $149,189 by year five. Five-year ROI tracks 175.02% and total cumulative return in cash totals $310,931. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,777/mo property income relative to a $2,643/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
N/A lot
$N/A/sqft
No 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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