65 Lake Forest CirConroeTX77384
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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 65 Lake Forest Cir, Conroe, TX, 77384 priced at $1,500,000 pairs $6,179/mo rent with after a $7,342/mo payment. Total monthly income equals $6,179/mo. Return on cash invested is 8.67% in year one, and rental yield stands at 4.94% on a $1,500,000 basis. Equity gained on principal adds $9,679/yr, and 5% annual appreciation accumulates to $414,422 by year five. Five-year ROI measures 43.94% and total cumulative return in cash reaches $213,539. For financing, Ziffy Mortgage’s DSCR program evaluates $6,179/mo property income against a $7,342/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
7.01 Acres lot
$N/A/sqft
$250 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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