16415 Big Hickory 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 16415 Big Hickory Dr, Conroe, TX, 77302 listed at $272,000 pairs $2,562/mo rent with a $1,331/mo payment to leave $628/mo cash flow. Total monthly income runs $2,562/mo, and annual cash flow reaches $7,537/yr on $90,168 cash to close. Return on cash invested measures 28.27% in year one, and rental yield registers 11.3% at a $272,000 basis. Equity gained on principal adds $1,755/yr, and annual property appreciation at 5% supports $75,149 by year five. Five-year ROI tracks 148.93% and total cumulative return in cash totals $134,285. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,562/mo property income relative to a $1,331/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
4,856 sqft 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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