1609 Hopson Ranch DrConroeTX77301
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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 1609 Hopson Ranch Dr, Conroe, TX, 77301 listed at $338,490 pairs $2,736/mo rent with a $1,657/mo payment to leave $287/mo cash flow. Total monthly income runs $2,736/mo, and annual cash flow reaches $3,444/yr on $112,209 cash to close. Return on cash invested measures 22.98% in year one, and rental yield registers 9.7% at a $338,490 basis. Equity gained on principal adds $2,184/yr, and annual property appreciation at 5% supports $93,519 by year five. Five-year ROI tracks 120.72% and total cumulative return in cash totals $135,456. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,736/mo property income relative to a $1,657/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
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: #27822375
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