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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 2615 Misty Laurel Ct, Katy, TX, 77494 offers a 9.55% rental yield on a $425,000 purchase with $3,383/mo rent. Total monthly income registers $3,383/mo, and a $2,080/mo payment leaves $290/mo available for distribution. Annual cash flow reaches $3,481/yr on $140,888 to close, and return on cash invested stands at 22.38% 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 117.54% and total cumulative return in cash at $165,605. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,383/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 2012
5,553 sqft lot
$N/A/sqft
$850 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 |
|---|---|---|
| 2025-01-30 | Listed for sale | $425,000 |
| 2024-02-02 | Listing removed | N/A |
| 2023-11-29 | Listed for rent | $2,450 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $355,667 | 10.00% |
| 2023-02-13 | $3701.83 | -12.17% | $323,334 | 10.00% |
| 2022-02-13 | $4214.93 | 6.00% | $293,940 | 10.00% |
Listed by: David Macias • CB&A, Realtors-Katy
Mls Name: HAR
Mls Provider:
Mls ID: #53672820
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.
