2126 Gadwall DrConroeTX77384
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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 2126 Gadwall Dr, Conroe, TX, 77384 priced at $974,500 converts $4,696/mo rent into after a $4,770/mo obligation. Total monthly income equals $4,696/mo. Return on cash invested prints 11.7% in year one, and rental yield reads 5.78% against a $974,500 entry. Equity gained on principal adds $6,288/yr, while 5% annual appreciation compiles into $269,236 by year five. Five-year ROI reaches 59.99% and total cumulative return in cash sums $192,338. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,696/mo property income covering a $4,770/mo payment, not borrower’s personal income.
Single Family
Built in 2016
9,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77384, Conroe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,192 (100%) |
| Owner Occupied HU | 7,349 (55.7%) |
| Renter Occupied HU | 4,797 (36.4%) |
| Vacant Housing Units | 1,046 ( 7.9%) |
| Median Home Value | $435,407 |
| Average Home Value | $514,757 |
Housing Distribution
Address Breakdown
Residential
13,283
Single Family
8,292
Multi-Family
4,991
Businesses
691
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