18720 Loom DrConroeTX77306
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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
Investment property for sale in Conroe at 18720 Loom Dr, Conroe, TX, 77306 offers a 9.7% rental yield on a $257,250 purchase with $2,080/mo rent. Total monthly income registers $2,080/mo, and a $1,259/mo payment leaves $251/mo available for distribution. Annual cash flow reaches $3,009/yr on $85,278 to close, and return on cash invested stands at 23.44% in year one. Equity gained on principal adds $1,660/yr while 5% annual appreciation supports $71,073 over five years. Portfolio math shows five-year ROI at 122.98% and total cumulative return in cash at $104,874. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,080/mo property income against a $1,259/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
3,449 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
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