16114 Rustling Woods RdConroeTX77302
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 16114 Rustling Woods Rd, Conroe, TX, 77302 with 5% annual appreciation on a $589,990 basis while $5,538/mo rent supports operations. Total monthly income totals $5,538/mo and a $2,888/mo payment preserves $1,261/mo for cash returns. Annual cash flow comes to $15,126/yr on $194,107 deployed, and return on cash invested reaches 27.85% in year one. Equity gained on principal adds $3,807/yr, and five-year appreciation sums $163,003 alongside rental yield of 11.26%. Five-year ROI measures 146.81% and total cumulative return in cash totals $284,977.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,538/mo property income versus a $2,888/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
8,323 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jimmy Franklin • Shea Homes
Mls Name: HAR
Mls Provider:
Mls ID: #18440747
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.