16140 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
Rental property for sale in Conroe at 16140 William Ross Way, Conroe, TX, 77303 priced at $376,440 pairs $4,378/mo rent with $1,652/mo cash flow after a $1,842/mo payment. Total monthly income equals $4,378/mo, and annual cash flow comes to $19,819/yr on $124,790 invested. Return on cash invested is 35.79% in year one, and rental yield stands at 13.96% on a $376,440 basis. Equity gained on principal adds $2,429/yr, and 5% annual appreciation accumulates to $104,003 by year five. Five-year ROI measures 189.4% and total cumulative return in cash reaches $236,351. For financing, Ziffy Mortgage’s DSCR program evaluates $4,378/mo property income against a $1,842/mo payment instead of your W2s, 1099s, or Tax returns.
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: #42470385
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