19427 Elmtree Estates DrKatyTX77449
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 19427 Elmtree Estates Dr, Katy, TX, 77449 in Katy. At $229,900 it earns $2,040/mo in rent and distributes $364/mo to the owner after the $1,034/mo payment, a consistent 10.65% yield. DSCR 1.97 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $63,517 in value; $2,117/yr in principal paydown compounds ownership stake. Total projected return: $114,181.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 5.8% |
| Monthly Cash Flow | $364 | $320 |
City averages based on Katy market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,040 |
| Total Monthly Debt Service | $1,543 |
| DSCR Ratio | 1.32x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1983
6,298 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77449, Katy, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 46,204 (100%) |
| Owner Occupied HU | 29,727 (64.3%) |
| Renter Occupied HU | 14,352 (31.1%) |
| Vacant Housing Units | 2,125 ( 4.6%) |
| Median Home Value | $266,123 |
| Average Home Value | $298,870 |
Housing Distribution
Address Breakdown
Residential
45,273
Single Family
39,223
Multi-Family
6,050
Businesses
1,711
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
Single Family
Built in 1983
6,298 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77449, Katy, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 46,204 (100%) |
| Owner Occupied HU | 29,727 (64.3%) |
| Renter Occupied HU | 14,352 (31.1%) |
| Vacant Housing Units | 2,125 ( 4.6%) |
| Median Home Value | $266,123 |
| Average Home Value | $298,870 |
Housing Distribution
Address Breakdown
Residential
45,273
Single Family
39,223
Multi-Family
6,050
Businesses
1,711
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices