174 Meadow Grove DrConroeTX77384
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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 174 Meadow Grove Dr, Conroe, TX, 77384 earns $206/mo cash flow from $3,349/mo rent with a $2,120/mo payment. Total monthly income totals $3,349/mo, and annual cash flow totals $2,472/yr on $143,573 capital. ROI tracks 21.63% on current figures, and rental yield reads 9.28% at a $433,100 purchase. Equity gained on principal adds $2,795/yr, and 5% annual appreciation supports $119,658 over five years. Five-year ROI reaches 113.46% and total cumulative return in cash sums $162,904. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,349/mo property income instead of your personal income.
Single Family
Built in 2015
6,438 sqft lot
$N/A/sqft
$63 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77384, Conroe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,192 (100%) |
| Owner Occupied HU | 7,349 (55.7%) |
| Renter Occupied HU | 4,797 (36.4%) |
| Vacant Housing Units | 1,046 ( 7.9%) |
| Median Home Value | $435,407 |
| Average Home Value | $514,757 |
Housing Distribution
Address Breakdown
Residential
13,283
Single Family
8,292
Multi-Family
4,991
Businesses
691
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