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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 2714 Cranbrook Terrace Ln, Katy, TX, 77494 priced at $1,397,500 pairs $5,224/mo rent with after a $6,840/mo payment. Total monthly income equals $5,224/mo. Return on cash invested is 7.48% in year one, and rental yield stands at 4.49% on a $1,397,500 basis. Equity gained on principal adds $9,018/yr, and 5% annual appreciation accumulates to $386,103 by year five. Five-year ROI measures 37.48% and total cumulative return in cash reaches $169,706. For financing, Ziffy Mortgage’s DSCR program evaluates $5,224/mo property income against a $6,840/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2018
0.39 Acres lot
$N/A/sqft
$1,800 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 |
|---|---|---|
| 2025-04-10 | Listed for sale | $1,397,500 |
| 2025-04-07 | Listing removed | $1,397,000 |
| 2025-04-04 | Price change | $1,397,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-10 | $12544.17 | 3.88% | $1,018,118 | 10.00% |
| 2023-04-10 | $12075.81 | -15.23% | $925,562 | 10.00% |
| 2022-04-10 | $14244.57 | 3.64% | $841,420 | 10.00% |
Listed by: Cecilia Cardenas • RE/MAX Grand
Mls Name: HAR
Mls Provider:
Mls ID: #58594896
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