22803 Rachels Manor DrKatyTX77494
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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
Rental property for sale in Katy at 22803 Rachels Manor Dr, Katy, TX, 77494 generates $5,554/mo in rent and, after a $3,377/mo payment, leaves $648/mo in cash flow. Total monthly income is $5,554/mo, and annual cash flow is $7,773/yr on $226,977 invested. Return on cash invested sits at 23.48% in year one, and rental yield is 9.66% on a $689,900 entry. Equity gained on principal adds $4,452/yr, while 5% annual appreciation builds toward $190,607 over five years. Five-year ROI reaches 123.2% and total cumulative return in cash sums $279,637. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,554/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
10,123 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77494, Katy, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 51,600 (100%) |
| Owner Occupied HU | 34,369 (66.6%) |
| Renter Occupied HU | 14,379 (27.9%) |
| Vacant Housing Units | 2,852 ( 5.5%) |
| Median Home Value | $489,545 |
| Average Home Value | $538,775 |
Housing Distribution
Address Breakdown
Residential
49,087
Single Family
38,473
Multi-Family
10,614
Businesses
2,819
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