520 S Rivershire DrConroeTX77304
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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 520 S Rivershire Dr, Conroe, TX, 77304 offers $3,652/mo rent that, after a $1,687/mo payment, leaves $1,099/mo cash flow. Total monthly income is $3,652/mo, and annual cash flow is $13,187/yr on $114,268 cash. Return on cash invested measures 31.45% in year one, and rental yield stands at 12.71% at a $344,700 entry. Equity gained on principal adds $2,224/yr while 5% annual appreciation compounds into $95,234 by year five. Five-year ROI records 166.32% and total cumulative return in cash reaches $190,050. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,652/mo property income versus a $1,687/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
7,630 sqft lot
$N/A/sqft
$102 monthly 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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