175 W Lilac Ridge PlConroeTX77384
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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 175 W Lilac Ridge Pl, Conroe, TX, 77384 at $369,000 posts ROI 21.82% with $195/mo cash flow from $2,819/mo rent. Total monthly income equals $2,819/mo, and annual cash flow records $2,341/yr on $122,324 to close. Return on cash invested measures 21.82% and rental yield reads 9.17% at the current $369,000. Equity gained on principal adds $2,381/yr, and 5% annual appreciation supports $101,948 by year five. Five-year ROI prints 114.35% and total cumulative return in cash totals $139,875.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,819/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2000
6,242 sqft lot
$N/A/sqft
No 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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