2919 Iron Range Ct, Katy, TX, 77494 | $382/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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2919 Iron Range Ct, Katy, TX, 77494 | $382/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Katy at 2919 Iron Range Ct, Katy, TX, 77494 uses $97,130 cash to close to unlock $4,578/yr annual cash flow and $382/mo monthly cash flow. Total monthly income runs $2,465/mo, and a $1,434/mo payment keeps the spread at $382/mo. Purchase price stands at $293,000, and rental yield measures 10.1% with $2,465/mo rent. Return on cash invested shows 24.62% in year one, and 5% annual appreciation builds toward $80,951 over five years. Five-year ROI reaches 129.35% and total cumulative return in cash records $125,638. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,465/mo property income covering a $1,434/mo payment rather than investor’s personal income.

Single Family

Built in 2015

6,159 sqft lot

$N/A/sqft

No HOA

More details about the property

UPDATED, Move-in ready 4-bedroom, 2-bath and 2 garage one story home situated in the master planned community of Tamarron Katy. The gorgeous home sits on a Cul-de-sac lot and it features high ceiling throughout. Front entry W/Tile floor, an open space living room and dining area with laminate flooring. Upgraded kitchen is the center of the house, it's equipped with granite countertops, big island, Stainless Steel appliances and ample storage space. Stainless Steel Fridge, washer and dryer are stay! Primary suite with a walk-in closet and spacious bathroom with dual vanities and large walk-in shower. The house also features a large backyard with covered patio perfect for your outdoor sitting area. House has NEVER been flooded! Don't miss out on this great property!

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