16506 Leafy Meadow 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 16506 Leafy Meadow Dr, Conroe, TX, 77302 earns $101/mo cash flow from $1,345/mo rent with a $856/mo payment. Total monthly income totals $1,345/mo, and annual cash flow totals $1,216/yr on $57,979 capital. ROI tracks 22.01% on current figures, and rental yield reads 9.23% at a $174,900 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,322 over five years. Five-year ROI reaches 115.34% and total cumulative return in cash sums $66,876. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,345/mo property income instead of your personal income.
Single Family
Built in 2000
0.40 Acres 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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