6302 Hendricks Harbor CtConroeTX77304
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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 6302 Hendricks Harbor Ct, Conroe, TX, 77304 listed at $420,000 pairs $3,022/mo rent with a $2,056/mo payment to leave $35/mo cash flow. Total monthly income runs $3,022/mo, and annual cash flow reaches $420/yr on $139,230 cash to close. Return on cash invested measures 20.21% in year one, and rental yield registers 8.63% at a $420,000 basis. Equity gained on principal adds $2,710/yr, and annual property appreciation at 5% supports $116,038 by year five. Five-year ROI tracks 105.66% and total cumulative return in cash totals $147,115. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,022/mo property income relative to a $2,056/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
7,374 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77304, Conroe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,022 (100%) |
| Owner Occupied HU | 12,097 (54.9%) |
| Renter Occupied HU | 7,680 (34.9%) |
| Vacant Housing Units | 2,245 (10.2%) |
| Median Home Value | $383,902 |
| Average Home Value | $451,552 |
Housing Distribution
Address Breakdown
Residential
19,796
Single Family
13,347
Multi-Family
6,449
Businesses
1,250
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