182 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
Rental property for sale in Conroe at 182 Meadow Grove Dr, Conroe, TX, 77384 generates $3,158/mo in rent and, after a $2,129/mo payment, leaves $10/mo in cash flow. Total monthly income is $3,158/mo, and annual cash flow is $115/yr on $144,169 invested. Return on cash invested sits at 19.99% in year one, and rental yield is 8.71% on a $434,900 entry. Equity gained on principal adds $2,806/yr, while 5% annual appreciation builds toward $120,155 over five years. Five-year ROI reaches 104.66% and total cumulative return in cash sums $150,881. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,158/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
0.29 Acres lot
$N/A/sqft
$665 annually 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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Listed by: Alejandra Silva • JLA Realty
Mls Name: HAR
Mls Provider:
Mls ID: #18203146
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