








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 28814 Davenport Dr, Katy, TX, 77494 listed at $589,900 pairs $4,795/mo rent with a $2,887/mo payment to leave $600/mo cash flow. Total monthly income runs $4,795/mo, and annual cash flow reaches $7,205/yr on $194,077 cash to close. Return on cash invested measures 23.77% in year one, and rental yield registers 9.75% at a $589,900 basis. Equity gained on principal adds $3,807/yr, and annual property appreciation at 5% supports $162,978 by year five. Five-year ROI tracks 124.75% and total cumulative return in cash totals $242,121. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,795/mo property income relative to a $2,887/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2012
7,196 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Ruben Villarreal • RE/MAX Integrity
Mls Name: HAR
Mls ID: #53508309