








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 21518 Cherry Sage Ct, Katy, TX, 77449 generates $2,992/mo in rent and, after a $1,703/mo payment, leaves $518/mo in cash flow. Total monthly income is $2,992/mo, and annual cash flow is $6,211/yr on $115,362 invested. Return on cash invested sits at 25.29% in year one, and rental yield is 10.32% on a $348,000 entry. Equity gained on principal adds $2,246/yr, while 5% annual appreciation builds toward $96,146 over five years. Five-year ROI reaches 132.93% and total cumulative return in cash sums $153,346. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,992/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
6,250 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Tina Au • Goldenlight Realty
Mls Name: HAR
Mls ID: #38222908