1438 Cedar Plains CtConroeTX77301
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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 1438 Cedar Plains Ct, Conroe, TX, 77301 priced at $292,720 pairs $2,694/mo rent with $612/mo cash flow after a $1,433/mo payment. Total monthly income equals $2,694/mo, and annual cash flow comes to $7,346/yr on $97,037 invested. Return on cash invested is 27.48% in year one, and rental yield stands at 11.04% on a $292,720 basis. Equity gained on principal adds $1,889/yr, and 5% annual appreciation accumulates to $80,873 by year five. Five-year ROI measures 144.68% and total cumulative return in cash reaches $140,394. For financing, Ziffy Mortgage’s DSCR program evaluates $2,694/mo property income against a $1,433/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77301, Conroe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,382 (100%) |
| Owner Occupied HU | 8,471 (55.1%) |
| Renter Occupied HU | 5,818 (37.8%) |
| Vacant Housing Units | 1,093 ( 7.1%) |
| Median Home Value | $261,481 |
| Average Home Value | $328,172 |
Housing Distribution
Address Breakdown
Residential
14,264
Single Family
11,464
Multi-Family
2,800
Businesses
1,784
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