2636 Shady Cedar CtConroeTX77301
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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 2636 Shady Cedar Ct, Conroe, TX, 77301 uses $84,491 cash to close to unlock $10,804/yr annual cash flow and $900/mo monthly cash flow. Total monthly income runs $2,754/mo, and a $1,247/mo payment keeps the spread at $900/mo. Purchase price stands at $254,875, and rental yield measures 12.97% with $2,754/mo rent. Return on cash invested shows 32.7% in year one, and 5% annual appreciation builds toward $70,417 over five years. Five-year ROI reaches 172.85% and total cumulative return in cash records $146,044. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,754/mo property income covering a $1,247/mo payment rather than investor’s personal income.
Single Family
Built in 2024
4,160 sqft lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77301, Conroe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,382 (100%) |
| Owner Occupied HU | 8,471 (55.1%) |
| Renter Occupied HU | 5,818 (37.8%) |
| Vacant Housing Units | 1,093 ( 7.1%) |
| Median Home Value | $261,481 |
| Average Home Value | $328,172 |
Housing Distribution
Address Breakdown
Residential
14,264
Single Family
11,464
Multi-Family
2,800
Businesses
1,784
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Listed by: Jared Turner • Turner Mangum,LLC
Mls Name: HAR
Mls Provider:
Mls ID: #34859655
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