16406 Trenda CtConroeTX77306
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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 16406 Trenda Ct, Conroe, TX, 77306 generates $1,072/mo in rent and, after a $661/mo payment, leaves $100/mo in cash flow. Total monthly income is $1,072/mo, and annual cash flow is $1,195/yr on $44,753 invested. Return on cash invested sits at 22.58% in year one, and rental yield is 9.53% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 118.55% and total cumulative return in cash sums $53,053. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,072/mo property income rather than buyer’s personal income.
Manufactured
Built in 2002
9,165 sqft lot
$N/A/sqft
$146 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77306, Conroe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,534 (100%) |
| Owner Occupied HU | 4,724 (72.3%) |
| Renter Occupied HU | 1,192 (18.2%) |
| Vacant Housing Units | 618 ( 9.5%) |
| Median Home Value | $239,811 |
| Average Home Value | $291,168 |
Housing Distribution
Address Breakdown
Residential
6,701
Single Family
6,701
Multi-Family
0
Businesses
213
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Listed by: Bobby McMahon • Southern Star Realty
Mls Name: HAR
Mls Provider:
Mls ID: #74777130
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