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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% |
Investment property for sale in Katy at 23923 N Newport Bend Cir, Katy, TX, 77494 uses $96,135 cash to close to unlock $5,668/yr annual cash flow and $472/mo monthly cash flow. Total monthly income runs $2,600/mo, and a $1,419/mo payment keeps the spread at $472/mo. Purchase price stands at $290,000, and rental yield measures 10.76% with $2,600/mo rent. Return on cash invested shows 25.8% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 136% and total cumulative return in cash records $130,744. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,600/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 2010
0.25 Acres lot
$N/A/sqft
$790 annually HOA
Neighborhood data shown for ZIP Code: 77494, Katy, TX area.
| 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 |
Residential
49,087
Single Family
38,473
Multi-Family
10,614
Businesses
2,819
Date | Event | Price |
|---|---|---|
| 2025-04-01 | Listed for sale | $290,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-02 | $3885.66 | -24.58% | $293,656 | N/A |
| 2023-04-02 | $5152.18 | 7.13% | $293,656 | 17.68% |
| 2022-04-02 | $4809.13 | N/A | $249,541 | 20.77% |
Listed by: Renee Daaboul • CENTURY 21 Western Realty, Inc
Mls Name: HAR
Mls Provider:
Mls ID: #18688186
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.
