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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 21602 Park Downe Ln, Katy, TX, 77450 uses $104,091 cash to close to unlock $690/yr annual cash flow and $58/mo monthly cash flow. Total monthly income runs $2,326/mo, and a $1,537/mo payment keeps the spread at $58/mo. Purchase price stands at $314,000, and rental yield measures 8.89% with $2,326/mo rent. Return on cash invested shows 20.57% in year one, and 5% annual appreciation builds toward $86,752 over five years. Five-year ROI reaches 107.77% and total cumulative return in cash records $112,179. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,326/mo property income covering a $1,537/mo payment rather than investor’s personal income.
Single Family
Built in 1975
8,049 sqft lot
$N/A/sqft
$425 annually HOA
Neighborhood data shown for ZIP Code: 77450, Katy, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,806 (100%) |
| Owner Occupied HU | 16,796 (62.7%) |
| Renter Occupied HU | 9,008 (33.6%) |
| Vacant Housing Units | 1,002 ( 3.7%) |
| Median Home Value | $368,833 |
| Average Home Value | $417,525 |
Residential
25,836
Single Family
19,863
Multi-Family
5,973
Businesses
1,609
Date | Event | Price |
|---|---|---|
| 2025-05-20 | Listed for sale | $314,000 |
| 2025-05-01 | Listing removed | $314,000 |
| 2025-04-25 | Pending sale | $314,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-20 | $4084.35 | 18.27% | $361,155 | 14.46% |
| 2023-05-20 | $3453.38 | -15.17% | $315,520 | 6.47% |
| 2022-05-20 | $4070.72 | N/A | $296,341 | 29.19% |
Listed by: Ashley Niemi • Prime Properties
Mls Name: HAR
Mls Provider:
Mls ID: #69069188
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