20054 Kincaid DrConroeTX77306
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 20054 Kincaid Dr, Conroe, TX, 77306 in Conroe is narrow, $89/mo net on $1,482/mo rent after the $881/mo debt service, but the property operates at break-even-plus, not a loss. At $195,900 with a 9.08% yield, the long-run equity case via 5% appreciation ($54,124 over five years) and $1,804/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.68 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $80,804.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.2% |
| Monthly Cash Flow | $89 | $250 |
City averages based on Conroe market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,482 |
| Total Monthly Debt Service | $1,315 |
| DSCR Ratio | 1.13x |
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.
Manufactured
Built in 2023
0.75 Acres 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
Manufactured
Built in 2023
0.75 Acres 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