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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% |
Investment property for sale in Katy at 21335 Riverside Ridge Ln, Katy, TX, 77449 offers a 10.93% rental yield on a $270,000 purchase with $2,460/mo rent. Total monthly income registers $2,460/mo, and a $1,322/mo payment leaves $502/mo available for distribution. Annual cash flow reaches $6,019/yr on $89,505 to close, and return on cash invested stands at 26.63% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,596 over five years. Portfolio math shows five-year ROI at 140.31% and total cumulative return in cash at $125,581. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,460/mo property income against a $1,322/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
7,435 sqft lot
$N/A/sqft
$455 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 |
|---|---|---|
| 2025-06-25 | Price change | $270,000 |
| 2025-02-06 | Price change | $279,900 |
| 2025-01-17 | Price change | $289,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-26 | $4468.13 | N/A | $244,782 | -3.36% |
| 2023-06-26 | N/A | N/A | $253,296 | 16.53% |
| 2022-06-26 | $3434.28 | N/A | $217,363 | 26.35% |
Listed by: Luis Zelaya • Parodi Real Estate Firm
Mls Name: HAR
Mls Provider:
Mls ID: #52921664
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