212 Wellwood LnConroeTX77304
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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 212 Wellwood Ln, Conroe, TX, 77304 offers $2,236/mo rent that, after a $1,125/mo payment, leaves $601/mo cash flow. Total monthly income is $2,236/mo, and annual cash flow is $7,217/yr on $76,212 cash. Return on cash invested measures 29.38% in year one, and rental yield stands at 11.67% at a $229,900 entry. Equity gained on principal adds $1,484/yr while 5% annual appreciation compounds into $63,517 by year five. Five-year ROI records 154.86% and total cumulative return in cash reaches $118,019. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,236/mo property income versus a $1,125/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77304, Conroe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,022 (100%) |
| Owner Occupied HU | 12,097 (54.9%) |
| Renter Occupied HU | 7,680 (34.9%) |
| Vacant Housing Units | 2,245 (10.2%) |
| Median Home Value | $383,902 |
| Average Home Value | $451,552 |
Housing Distribution
Address Breakdown
Residential
19,796
Single Family
13,347
Multi-Family
6,449
Businesses
1,250
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Listed by: Bridget Moore • CB&A, Realtors
Mls Name: HAR
Mls Provider:
Mls ID: #23329403
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