147 S Evangeline Oaks CirConroeTX77384
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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 147 S Evangeline Oaks Cir, Conroe, TX, 77384 priced at $691,100 pairs $3,538/mo rent with after a $3,383/mo payment. Total monthly income equals $3,538/mo. Return on cash invested is 12.31% in year one, and rental yield stands at 6.14% on a $691,100 basis. Equity gained on principal adds $4,460/yr, and 5% annual appreciation accumulates to $190,938 by year five. Five-year ROI measures 63.49% and total cumulative return in cash reaches $144,353. For financing, Ziffy Mortgage’s DSCR program evaluates $3,538/mo property income against a $3,383/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
9,230 sqft lot
$N/A/sqft
$91 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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