Plan Grantham Plan, Grand Central Park: 55ft. lotsConroeTX77304
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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 Plan Grantham Plan, Grand Central Park: 55ft. lots, Conroe, TX, 77304 with 5% annual appreciation on a $503,990 basis while $3,715/mo rent supports operations. Total monthly income totals $3,715/mo and a $2,467/mo payment preserves $131/mo for cash returns. Annual cash flow comes to $1,570/yr on $165,813 deployed, and return on cash invested reaches 21.01% in year one. Equity gained on principal adds $3,252/yr, and five-year appreciation sums $139,243 alongside rental yield of 8.85%. Five-year ROI measures 109.92% and total cumulative return in cash totals $182,256.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,715/mo property income versus a $2,467/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A 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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