1611 Primrose LnKatyTX77493
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
Investment property for sale in Katy at 1611 Primrose Ln, Katy, TX, 77493 at $943,200 posts ROI 22.81% with $712/mo cash flow from $7,519/mo rent. Total monthly income equals $7,519/mo, and annual cash flow records $8,547/yr on $310,313 to close. Return on cash invested measures 22.81% and rental yield reads 9.57% at the current $943,200. Equity gained on principal adds $6,086/yr, and 5% annual appreciation supports $260,589 by year five. Five-year ROI prints 119.75% and total cumulative return in cash totals $371,607.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,519/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2017
N/A lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77493, Katy, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,370 (100%) |
| Owner Occupied HU | 23,744 (75.7%) |
| Renter Occupied HU | 5,525 (17.6%) |
| Vacant Housing Units | 2,101 ( 6.7%) |
| Median Home Value | $360,331 |
| Average Home Value | $412,471 |
Housing Distribution
Address Breakdown
Residential
28,487
Single Family
26,616
Multi-Family
1,871
Businesses
700
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