








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 28915 Davies Creek Ct, Katy, TX, 77494 earns $6/mo cash flow from $3,013/mo rent with a $1,958/mo payment. Total monthly income totals $3,013/mo, and annual cash flow totals $70/yr on $132,600 capital. ROI tracks 19.96% on current figures, and rental yield reads 9.04% at a $400,000 purchase. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 over five years. Five-year ROI reaches 104.86% and total cumulative return in cash sums $139,048. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,013/mo property income instead of your personal income.
Single Family
Built in 2015
7,605 sqft lot
$N/A/sqft
$1,950 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 |
|---|---|---|
| 2025-03-24 | Listed for sale | $400,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-24 | $4621.73 | 11.71% | $364,367 | 10.00% |
| 2023-03-24 | $4137.41 | -10.49% | $331,243 | 10.00% |
| 2022-03-24 | $4622.16 | 6.14% | $301,130 | 10.00% |



Listed by: Shelby Drake • Orchard Brokerage
Mls Name: HAR
Mls Provider:
Mls ID: #42319390
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