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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 29251 Red Rocks Park Dr, Katy, TX, 77494 earns $249/mo cash flow from $4,328/mo rent with a $2,736/mo payment. Total monthly income totals $4,328/mo, and annual cash flow totals $2,985/yr on $183,911 capital. ROI tracks 21.68% on current figures, and rental yield reads 9.29% at a $559,000 purchase. Equity gained on principal adds $3,607/yr, and 5% annual appreciation supports $154,441 over five years. Five-year ROI reaches 113.78% and total cumulative return in cash sums $209,259. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,328/mo property income instead of your personal income.
Single Family
Built in 2021
6,233 sqft lot
$N/A/sqft
$1,250 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 |
|---|---|---|
| 2025-04-25 | Price change | $559,000 |
| 2025-03-08 | Price change | $569,000 |
| 2025-02-22 | Listed for sale | $579,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-25 | $6235.63 | -17.23% | $466,308 | -14.29% |
| 2023-04-25 | $7533.45 | 95.69% | $544,028 | 152.98% |
| 2022-04-25 | $3849.73 | N/A | $215,050 | N/A |
Listed by: Joon Chae • W Realty & Investment Group
Mls Name: HAR
Mls Provider:
Mls ID: #10127618
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