2116 Cedar Bend 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
Rental property for sale in Conroe at 2116 Cedar Bend Dr, Conroe, TX, 77306 priced at $223,900 converts $2,000/mo rent into $378/mo cash flow after a $1,096/mo obligation. Total monthly income equals $2,000/mo, and annual cash flow totals $4,532/yr on $74,223 invested. Return on cash invested prints 26.02% in year one, and rental yield reads 10.72% against a $223,900 entry. Equity gained on principal adds $1,445/yr, while 5% annual appreciation compiles into $61,859 by year five. Five-year ROI reaches 136.97% and total cumulative return in cash sums $101,664. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,000/mo property income covering a $1,096/mo payment, not borrower’s personal income.
Single Family
Built in 2025
5,440 sqft lot
$N/A/sqft
$360 annually 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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Listed by: Steven Franco • Real Broker, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #20658594
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