22010 Glenburn Manor LnKatyTX77449
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Katy at 22010 Glenburn Manor Ln, Katy, TX, 77449 uses $72,930 cash to close to unlock $4,048/yr annual cash flow and $337/mo monthly cash flow. Total monthly income runs $1,902/mo, and a $1,077/mo payment keeps the spread at $337/mo. Purchase price stands at $220,000, and rental yield measures 10.37% with $1,902/mo rent. Return on cash invested shows 25.46% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 133.87% and total cumulative return in cash records $97,631. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,902/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 1983
6,865 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77449, Katy, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
45,273
Single Family
39,223
Multi-Family
6,050
Businesses
1,711
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