1611 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 1611 King Ranch Rd, Conroe, TX, 77301 with 5% annual appreciation on a $341,570 basis while $2,736/mo rent supports operations. Total monthly income totals $2,736/mo and a $1,672/mo payment preserves $265/mo for cash returns. Annual cash flow comes to $3,182/yr on $113,230 deployed, and return on cash invested reaches 22.72% in year one. Equity gained on principal adds $2,204/yr, and five-year appreciation sums $94,369 alongside rental yield of 9.61%. Five-year ROI measures 119.32% and total cumulative return in cash totals $135,103.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,736/mo property income versus a $1,672/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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: #59636416
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