6 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 6 Lake Forest Dr, Conroe, TX, 77384 priced at $489,300 pairs $2,947/mo rent with after a $2,395/mo payment. Total monthly income equals $2,947/mo. Return on cash invested is 15.82% in year one, and rental yield stands at 7.23% on a $489,300 basis. Equity gained on principal adds $3,157/yr, and 5% annual appreciation accumulates to $135,185 by year five. Five-year ROI measures 82.19% and total cumulative return in cash reaches $133,316. For financing, Ziffy Mortgage’s DSCR program evaluates $2,947/mo property income against a $2,395/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
1.09 Acres lot
$N/A/sqft
$20 monthly 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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