1118 Sherfield Ridge DrKatyTX77450
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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 1118 Sherfield Ridge Dr, Katy, TX, 77450 listed at $565,900 pairs $3,544/mo rent with a $2,770/mo payment. Total monthly income runs $3,544/mo. Return on cash invested measures 16.96% in year one, and rental yield registers 7.52% at a $565,900 basis. Equity gained on principal adds $3,652/yr, and annual property appreciation at 5% supports $156,348 by year five. Five-year ROI tracks 88.24% and total cumulative return in cash totals $164,278. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,544/mo property income relative to a $2,770/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1989
7,801 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
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