13076 Soaring Forest DrConroeTX77302
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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 13076 Soaring Forest Dr, Conroe, TX, 77302 offers $5,978/mo rent that, after a $2,496/mo payment, leaves $2,270/mo cash flow. Total monthly income is $5,978/mo, and annual cash flow is $27,241/yr on $167,757 cash. Return on cash invested measures 36.3% in year one, and rental yield stands at 14.07% at a $509,900 entry. Equity gained on principal adds $3,290/yr while 5% annual appreciation compounds into $140,876 by year five. Five-year ROI records 192.15% and total cumulative return in cash reaches $322,352. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,978/mo property income versus a $2,496/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
7,205 sqft lot
$N/A/sqft
$980 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77302, Conroe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,733 (100%) |
| Owner Occupied HU | 7,572 (77.8%) |
| Renter Occupied HU | 1,583 (16.3%) |
| Vacant Housing Units | 578 ( 5.9%) |
| Median Home Value | $326,350 |
| Average Home Value | $391,076 |
Housing Distribution
Address Breakdown
Residential
8,977
Single Family
8,977
Multi-Family
0
Businesses
194
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Listed by: Lee Jones • Perry Homes Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #54089080
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