1070 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 1070 Cedar Lake Ct, Conroe, TX, 77384 earns $370/mo cash flow from $3,162/mo rent with a $1,878/mo payment. Total monthly income totals $3,162/mo, and annual cash flow totals $4,446/yr on $127,197 capital. ROI tracks 23.4% on current figures, and rental yield reads 9.89% at a $383,700 purchase. Equity gained on principal adds $2,476/yr, and 5% annual appreciation supports $106,009 over five years. Five-year ROI reaches 123.02% and total cumulative return in cash sums $156,478. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,162/mo property income instead of your personal income.
Single Family
Built in 2011
6,860 sqft lot
$N/A/sqft
$63 monthly 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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