4218 Multnomah Falls DrConroeTX77303
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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 4218 Multnomah Falls Dr, Conroe, TX, 77303 uses $109,060 cash to close to unlock $17,577/yr annual cash flow and $1,465/mo monthly cash flow. Total monthly income runs $3,804/mo, and a $1,610/mo payment keeps the spread at $1,465/mo. Purchase price stands at $328,990, and rental yield measures 13.88% with $3,804/mo rent. Return on cash invested shows 36.03% in year one, and 5% annual appreciation builds toward $90,894 over five years. Five-year ROI reaches 190.48% and total cumulative return in cash records $207,738. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,804/mo property income covering a $1,610/mo payment rather than investor’s personal income.
Single Family
Built in 2025
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77303, Conroe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,577 (100%) |
| Owner Occupied HU | 6,547 (68.4%) |
| Renter Occupied HU | 2,463 (25.7%) |
| Vacant Housing Units | 567 ( 5.9%) |
| Median Home Value | $305,121 |
| Average Home Value | $343,028 |
Housing Distribution
Address Breakdown
Residential
9,827
Single Family
8,708
Multi-Family
1,119
Businesses
447
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