241 Dove Meadow 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 241 Dove Meadow Dr, Conroe, TX, 77384 with 5% annual appreciation on a $455,000 basis while $3,348/mo rent supports operations. Total monthly income totals $3,348/mo and a $2,227/mo payment preserves $57/mo for cash returns. Annual cash flow comes to $684/yr on $150,833 deployed, and return on cash invested reaches 20.36% in year one. Equity gained on principal adds $2,936/yr, and five-year appreciation sums $125,708 alongside rental yield of 8.83%. Five-year ROI measures 106.63% and total cumulative return in cash totals $160,828.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,348/mo property income versus a $2,227/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2014
7,505 sqft 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: Trina Hoffland • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #4835072
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