12354 New River TrlConroeTX77384
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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 12354 New River Trl, Conroe, TX, 77384 uses $134,258 cash to close to unlock $2,067/yr annual cash flow and $172/mo monthly cash flow. Total monthly income runs $3,052/mo, and a $1,982/mo payment keeps the spread at $172/mo. Purchase price stands at $405,000, and rental yield measures 9.04% with $3,052/mo rent. Return on cash invested shows 21.45% in year one, and 5% annual appreciation builds toward $111,894 over five years. Five-year ROI reaches 112.33% and total cumulative return in cash records $150,806. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,052/mo property income covering a $1,982/mo payment rather than investor’s personal income.
Single Family
Built in 2020
6,804 sqft lot
$N/A/sqft
No 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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