1206 Park Royale LnKatyTX77450
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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 1206 Park Royale Ln, Katy, TX, 77450 uses $115,561 cash to close to unlock $8,031/yr annual cash flow and $669/mo monthly cash flow. Total monthly income runs $3,179/mo, and a $1,706/mo payment keeps the spread at $669/mo. Purchase price stands at $348,600, and rental yield measures 10.94% with $3,179/mo rent. Return on cash invested shows 26.86% in year one, and 5% annual appreciation builds toward $96,312 over five years. Five-year ROI reaches 141.46% and total cumulative return in cash records $163,470. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,179/mo property income covering a $1,706/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.28 Acres lot
$N/A/sqft
$31 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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