23318 Andorra Falls Trce, Katy, TX, 77449 | $14/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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23318 Andorra Falls Trce, Katy, TX, 77449 | $14/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Katy at 23318 Andorra Falls Trce, Katy, TX, 77449 offers a 8.57% rental yield on a $425,000 purchase with $3,036/mo rent. Total monthly income registers $3,036/mo, and a $2,080/mo payment leaves $14/mo available for distribution. Annual cash flow reaches $167/yr on $140,888 to close, and return on cash invested stands at 20.03% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 104.67% and total cumulative return in cash at $147,473. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,036/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2018

6,838 sqft lot

$N/A/sqft

No HOA

More details about the property

Beautifully upgraded home located in the sought-after master-planned community of Elyson. This one story home offers open-concept living, abundant natural light, high ceilings, 4 bedrooms, & 2.5 baths. The family room features a wall of custom built-ins, & it seamlessly connects to the kitchen & breakfast nook - perfect for entertaining or everyday living. The kitchen is equipped w/stainless steel appliances, shaker-style cabinetry, under-cabinet lighting, & an island w/pendant lighting above. Designer touches are showcased throughout w/extensive custom trimwork & accent walls. The spacious primary suite is a serene retreat tucked away at the back of the home. All bedrooms have walk-in closets, & the laundry room has added cabinetry for additional storage. Enjoy the outdoors on the covered patio overlooking the private, landscaped backyard. Numerous resort-style community amenities, zoned to Katy ISD schools, & conveniently located just minutes from 99. Don't miss this one!

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