16415 Windy Cove CtConroeTX77378
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 16415 Windy Cove Ct, Conroe, TX, 77378 in Conroe. At $238,800 it earns $2,100/mo in rent and distributes $402/mo to the owner after the $1,074/mo payment, a consistent 10.55% yield. DSCR 1.96 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $65,976 in value; $2,199/yr in principal paydown compounds ownership stake. Total projected return: $117,380.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.2% |
| Monthly Cash Flow | $402 | $250 |
City averages based on Conroe market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,100 |
| Total Monthly Debt Service | $1,603 |
| DSCR Ratio | 1.31x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77378, Willis, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,317 (100%) |
| Owner Occupied HU | 5,263 (71.9%) |
| Renter Occupied HU | 1,615 (22.1%) |
| Vacant Housing Units | 439 ( 6.0%) |
| Median Home Value | $241,863 |
| Average Home Value | $310,531 |
Housing Distribution
Address Breakdown
Residential
7,155
Single Family
7,154
Multi-Family
1
Businesses
486
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
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77378, Willis, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,317 (100%) |
| Owner Occupied HU | 5,263 (71.9%) |
| Renter Occupied HU | 1,615 (22.1%) |
| Vacant Housing Units | 439 ( 6.0%) |
| Median Home Value | $241,863 |
| Average Home Value | $310,531 |
Housing Distribution
Address Breakdown
Residential
7,155
Single Family
7,154
Multi-Family
1
Businesses
486
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
