1038 Cedar Lake CtConroeTX77384
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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 1038 Cedar Lake Ct, Conroe, TX, 77384 offers a 8.68% rental yield on a $483,849 purchase with $3,499/mo rent. 88% in year one. Equity gained on principal adds $3,122/yr while 5% annual appreciation supports $133,679 over five years. Portfolio math shows five-year ROI at 104.04% and total cumulative return in cash at $166,873. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,499/mo property income against a $2,368/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
8,010 sqft lot
$N/A/sqft
$750 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: Amber Priest • Top Guns Realty on Lake Conroe
Mls Name: HAR
Mls Provider:
Mls ID: #78468301
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