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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% |
Rental property for sale in Katy at 23238 Spring Genesis Ln, Katy, TX, 77493 generates $2,530/mo in rent and, after a $1,536/mo payment, leaves $298/mo in cash flow. Total monthly income is $2,530/mo, and annual cash flow is $3,581/yr on $104,025 invested. Return on cash invested sits at 23.35% in year one, and rental yield is 9.67% on a $313,800 entry. Equity gained on principal adds $2,025/yr, while 5% annual appreciation builds toward $86,697 over five years. Five-year ROI reaches 122.53% and total cumulative return in cash sums $127,464. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,530/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
4,878 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77493, Katy, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,370 (100%) |
| Owner Occupied HU | 23,744 (75.7%) |
| Renter Occupied HU | 5,525 (17.6%) |
| Vacant Housing Units | 2,101 ( 6.7%) |
| Median Home Value | $360,331 |
| Average Home Value | $412,471 |
Residential
28,487
Single Family
26,616
Multi-Family
1,871
Businesses
700
Date | Event | Price |
|---|---|---|
| 2025-07-11 | Pending sale | $305,000 |
| 2025-06-17 | Price change | $305,000 |
| 2025-06-10 | Price change | $316,200 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-07 | $1732.11 | 159.12% | $261,116 | 579.99% |
| 2023-10-07 | $668.46 | N/A | $38,400 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
