








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 27311 Key Cove Ct, Katy, TX, 77493 uses $122,878 cash to close to unlock $52/yr annual cash flow and $4/mo monthly cash flow. Total monthly income runs $2,640/mo, and a $1,814/mo payment keeps the spread at $4/mo. Purchase price stands at $370,674, and rental yield measures 8.55% with $2,640/mo rent. Return on cash invested shows 19.95% in year one, and 5% annual appreciation builds toward $102,410 over five years. Five-year ROI reaches 104.29% and total cumulative return in cash records $128,149. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,640/mo property income covering a $1,814/mo payment rather than investor’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77493, Katy, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,370 (100%) |
| Owner Occupied HU | 23,744 (75.7%) |
| Renter Occupied HU | 5,525 (17.6%) |
| Vacant Housing Units | 2,101 ( 6.7%) |
| Median Home Value | $360,331 |
| Average Home Value | $412,471 |
Residential
28,487
Single Family
26,616
Multi-Family
1,871
Businesses
700
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Nicole Freer • Corcoran Genesis
Mls Name: HAR
Mls ID: #71307047