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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Katy at 1951 Kings Arms Way, Katy, TX, 77493 offers $2,288/mo rent that, after a $1,251/mo payment, leaves $433/mo cash flow. Total monthly income is $2,288/mo, and annual cash flow is $5,199/yr on $84,751 cash. Return on cash invested measures 26.04% in year one, and rental yield stands at 10.74% at a $255,659 entry. Equity gained on principal adds $1,650/yr while 5% annual appreciation compounds into $70,634 by year five. Five-year ROI records 137.19% and total cumulative return in cash reaches $116,267. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,288/mo property income versus a $1,251/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.26 Acres lot
$N/A/sqft
$37 monthly HOA
Neighborhood data shown for ZIP Code: 77493, Katy, TX area.
| 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 |
Residential
28,487
Single Family
26,616
Multi-Family
1,871
Businesses
700
Date | Event | Price |
|---|---|---|
| 2025-05-14 | Pending sale | $249,900 |
| 2025-05-02 | Listed for sale | $249,900 |
| 2020-04-14 | Listing removed | $180,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-10 | $3238.35 | 5.87% | $255,659 | -2.58% |
| 2023-10-10 | $3058.71 | -16.75% | $262,427 | 13.83% |
| 2022-10-10 | $3674.33 | N/A | $230,551 | 22.78% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
