1015 Flagmore DrKatyTX77450
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $3,436/mo, and a $2,423/mo payment. Purchase price stands at $495,000, and rental yield measures 8.33% with $3,436/mo rent. Return on cash invested shows 19.29% in year one, and 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 100.75% and total cumulative return in cash records $165,322. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,436/mo property income covering a $2,423/mo payment rather than investor’s personal income.
Single Family
Built in 1987
9,278 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices