1503 Kelliwood Oaks 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 1503 Kelliwood Oaks Dr, Katy, TX, 77450 earns $232/mo cash flow from $6,392/mo rent with a $4,240/mo payment. Total monthly income totals $6,392/mo, and annual cash flow totals $2,780/yr on $285,013 capital. ROI tracks 21.04% on current figures, and rental yield reads 8.85% at a $866,300 purchase. Equity gained on principal adds $5,590/yr, and 5% annual appreciation supports $239,343 over five years. Five-year ROI reaches 110.07% and total cumulative return in cash sums $313,707. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,392/mo property income instead of your personal income.
Single Family
Built in 1985
N/A 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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