








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Katy at 20507 Chatfield Bend Way, Katy, TX, 77449 listed at $328,000 pairs $2,845/mo rent with a $1,605/mo payment to leave $486/mo cash flow. Total monthly income runs $2,845/mo, and annual cash flow reaches $5,835/yr on $108,732 cash to close. Return on cash invested measures 25.28% in year one, and rental yield registers 10.41% at a $328,000 basis. Equity gained on principal adds $2,117/yr, and annual property appreciation at 5% supports $90,620 by year five. Five-year ROI tracks 132.97% and total cumulative return in cash totals $144,583. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,845/mo property income relative to a $1,605/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2014
5,501 sqft lot
$N/A/sqft
$320 annually HOA
Neighborhood data shown for ZIP Code: 77449, Katy, TX area.
| 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 |
Residential
45,273
Single Family
39,223
Multi-Family
6,050
Businesses
1,711
Date | Event | Price |
|---|---|---|
| 2025-02-06 | Price change | $328,000 |
| 2025-01-23 | Price change | $334,000 |
| 2025-01-12 | Listed for sale | $342,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $2041.90 | 20.19% | $330,275 | -7.61% |
| 2023-02-13 | $1698.89 | 7.64% | $357,464 | 10.72% |
| 2022-02-13 | $1578.29 | N/A | $322,864 | 30.89% |



Listed by: Anyiesa Johnson • Opendoor Brokerage, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #33865854
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.