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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 2622 Misty Laurel Ct, Katy, TX, 77494 earns $658/mo cash flow from $3,310/mo rent with a $1,777/mo payment. Total monthly income totals $3,310/mo, and annual cash flow totals $7,890/yr on $120,335 capital. ROI tracks 26.47% on current figures, and rental yield reads 10.94% at a $363,000 purchase. Equity gained on principal adds $2,342/yr, and 5% annual appreciation supports $100,290 over five years. Five-year ROI reaches 139.48% and total cumulative return in cash sums $167,847. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,310/mo property income instead of your personal income.
Single Family
Built in 2011
5,998 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 |
|---|---|---|
| 2024-12-19 | Price change | $363,000 |
| 2024-10-24 | Price change | $368,000 |
| 2024-09-26 | Price change | $373,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $347,694 | 10.00% |
| 2023-12-27 | $3593.09 | -12.56% | $316,085 | 10.00% |
| 2022-12-27 | $4109.30 | 5.90% | $287,350 | 10.00% |
Listed by: Anyiesa Johnson • Opendoor Brokerage, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #56527944
Disclaimer: Copyright 2024, 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.
