28230 Meadowlark Sky DrKatyTX77494
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Katy at 28230 Meadowlark Sky Dr, Katy, TX, 77494 offers a 10.04% rental yield on a $329,990 purchase with $2,760/mo rent. Total monthly income registers $2,760/mo, and a $1,615/mo payment leaves $414/mo available for distribution. Annual cash flow reaches $4,962/yr on $109,392 to close, and return on cash invested stands at 24.45% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,170 over five years. Portfolio math shows five-year ROI at 128.4% and total cumulative return in cash at $140,455. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,760/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77494, Katy, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
49,087
Single Family
38,473
Multi-Family
10,614
Businesses
2,819
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