16132 William Ross WayConroeTX77303
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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 16132 William Ross Way, Conroe, TX, 77303 listed at $368,190 pairs $3,829/mo rent with a $1,802/mo payment to leave $1,161/mo cash flow. Total monthly income runs $3,829/mo, and annual cash flow reaches $13,930/yr on $122,055 cash to close. Return on cash invested measures 31.32% in year one, and rental yield registers 12.48% at a $368,190 basis. Equity gained on principal adds $2,376/yr, and annual property appreciation at 5% supports $101,724 by year five. Five-year ROI tracks 165.43% and total cumulative return in cash totals $201,913. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,829/mo property income relative to a $1,802/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
0.75 Acres lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77303, Conroe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,577 (100%) |
| Owner Occupied HU | 6,547 (68.4%) |
| Renter Occupied HU | 2,463 (25.7%) |
| Vacant Housing Units | 567 ( 5.9%) |
| Median Home Value | $305,121 |
| Average Home Value | $343,028 |
Housing Distribution
Address Breakdown
Residential
9,827
Single Family
8,708
Multi-Family
1,119
Businesses
447
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Listed by: Heather Chavana • D.R. Horton Homes
Mls Name: HAR
Mls Provider:
Mls ID: #93460371
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