16570 Colleen PlaceConroeTX77306
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Conroe rentals match the income profile of 16570 Colleen Place, Conroe, TX, 77306. Listed at $158,854, gross rent is $1,669/mo and net cash flow is $540/mo, a 12.61% yield well above national averages. DSCR 2.34 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $43,888 by year five with $1,463/yr in annual principal reduction, projecting $95,592 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.6% | 6.2% |
| Monthly Cash Flow | $540 | $250 |
City averages based on Conroe market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,669 |
| Total Monthly Debt Service | $1,066 |
| DSCR Ratio | 1.57x |
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 2022
2,896 sqft lot
$N/A/sqft
No 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
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 2022
2,896 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices