16689 Heritage Pines LnConroeTX77302
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 16689 Heritage Pines Ln, Conroe, TX, 77302 in Conroe speaks for itself: 11.35% gross on a $274,990 price, generating $2,600/mo in rent and $591/mo in net income after the $1,237/mo debt service. DSCR 2.10, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,091 stacks alongside $75,975 in projected five-year appreciation and $2,533/yr in principal reduction. Projected total cumulative return: $146,856.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 6.2% |
| Monthly Cash Flow | $591 | $250 |
City averages based on Conroe market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,600 |
| Total Monthly Debt Service | $1,846 |
| DSCR Ratio | 1.41x |
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 2026
6,094 sqft lot
$N/A/sqft
No 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
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 2026
6,094 sqft lot
$N/A/sqft
No 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