4 Lake Forest 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 4 Lake Forest Dr, Conroe, TX, 77384 offers $2,328/mo rent that, after a $5,164/mo payment. Total monthly income is $2,328/mo. Return on cash invested measures 2.2% in year one, and rental yield stands at 2.65% at a $1,055,000 entry. Equity gained on principal adds $6,808/yr while 5% annual appreciation compounds into $291,477 by year five. Five-year ROI records 9.04% and total cumulative return in cash reaches $30,903. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,328/mo property income versus a $5,164/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
1.42 Acres 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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