Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 22918 Glenover Dr, Katy, TX, 77450 generates $2,471/mo in rent and, after a $1,463/mo payment, leaves $266/mo in cash flow. Total monthly income is $2,471/mo, and annual cash flow is $3,189/yr on $99,119 invested. Return on cash invested sits at 23.13% in year one, and rental yield is 9.92% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 121.66% and total cumulative return in cash sums $120,586. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,471/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
9,583 sqft lot
$N/A/sqft
$750 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 |
|---|---|---|
| 2025-03-29 | Listed for sale | $299,000 |
| 2025-03-25 | Listing removed | $269,000 |
| 2025-03-06 | Listed for rent | $1,995 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-30 | $5165.74 | 2.75% | $283,000 | -1.24% |
| 2023-03-30 | $5027.40 | 2.43% | $286,545 | 12.52% |
| 2022-03-30 | $4908.01 | N/A | $254,672 | 23.99% |
Listed by: Steven Koleno • Beycome Brokerage Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #12818744
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
