1011 Indian Ridge CtKatyTX77450
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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 Katy at 1011 Indian Ridge Ct, Katy, TX, 77450 earns $544/mo cash flow from $2,405/mo rent with a $1,095/mo payment. Total monthly income totals $2,405/mo, and annual cash flow totals $6,525/yr on $74,157 capital. ROI tracks 28.71% on current figures, and rental yield reads 12.9% at a $223,700 purchase. Equity gained on principal adds $1,444/yr, and 5% annual appreciation supports $61,804 over five years. Five-year ROI reaches 152.82% and total cumulative return in cash sums $113,325. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,405/mo property income instead of your personal income.
Single Family
Built in 1977
8,712 sqft lot
$N/A/sqft
$122 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77450, Katy, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,806 (100%) |
| Owner Occupied HU | 16,796 (62.7%) |
| Renter Occupied HU | 9,008 (33.6%) |
| Vacant Housing Units | 1,002 ( 3.7%) |
| Median Home Value | $368,833 |
| Average Home Value | $417,525 |
Housing Distribution
Address Breakdown
Residential
25,836
Single Family
19,863
Multi-Family
5,973
Businesses
1,609
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