Cavco Santa Fe Plan, The Reserve on Sleepy HollowConroeTX77385
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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 Cavco Santa Fe Plan, The Reserve on Sleepy Hollow, Conroe, TX, 77385 priced at $165,000 converts $1,271/mo rent into $97/mo cash flow after a $808/mo obligation. Total monthly income equals $1,271/mo, and annual cash flow totals $1,167/yr on $54,698 invested. Return on cash invested prints 22.04% in year one, and rental yield reads 9.24% against a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation compiles into $45,586 by year five. Five-year ROI reaches 115.57% and total cumulative return in cash sums $63,215. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,271/mo property income covering a $808/mo payment, not borrower’s personal income.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77385, Conroe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,197 (100%) |
| Owner Occupied HU | 9,411 (77.2%) |
| Renter Occupied HU | 2,251 (18.5%) |
| Vacant Housing Units | 535 ( 4.4%) |
| Median Home Value | $353,235 |
| Average Home Value | $383,398 |
Housing Distribution
Address Breakdown
Residential
11,717
Single Family
10,948
Multi-Family
769
Businesses
833
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