23 Drifting Shadows CirConroeTX77385
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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 23 Drifting Shadows Cir, Conroe, TX, 77385 priced at $342,600 pairs $2,623/mo rent with $108/mo cash flow after a $1,677/mo payment. Total monthly income equals $2,623/mo, and annual cash flow comes to $1,291/yr on $113,572 invested. Return on cash invested is 21.05% in year one, and rental yield stands at 9.19% on a $342,600 basis. Equity gained on principal adds $2,211/yr, and 5% annual appreciation accumulates to $94,654 by year five. Five-year ROI measures 110.46% and total cumulative return in cash reaches $125,455. For financing, Ziffy Mortgage’s DSCR program evaluates $2,623/mo property income against a $1,677/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
8,838 sqft lot
$N/A/sqft
$79 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77385, Conroe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,197 (100%) |
| Owner Occupied HU | 9,411 (77.2%) |
| Renter Occupied HU | 2,251 (18.5%) |
| Vacant Housing Units | 535 ( 4.4%) |
| Median Home Value | $353,235 |
| Average Home Value | $383,398 |
Housing Distribution
Address Breakdown
Residential
11,717
Single Family
10,948
Multi-Family
769
Businesses
833
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