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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 2938 Rising Sun Rd, Katy, TX, 77449 listed at $235,000 pairs $2,224/mo rent with a $1,150/mo payment to leave $511/mo cash flow. Total monthly income runs $2,224/mo, and annual cash flow reaches $6,137/yr on $77,903 cash to close. Return on cash invested measures 27.79% in year one, and rental yield registers 11.36% at a $235,000 basis. Equity gained on principal adds $1,516/yr, and annual property appreciation at 5% supports $64,926 by year five. Five-year ROI tracks 146.56% and total cumulative return in cash totals $114,172. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,224/mo property income relative to a $1,150/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
4,395 sqft lot
$N/A/sqft
$500 annually HOA
Neighborhood data shown for ZIP Code: 77449, Katy, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 46,204 (100%) |
| Owner Occupied HU | 29,727 (64.3%) |
| Renter Occupied HU | 14,352 (31.1%) |
| Vacant Housing Units | 2,125 ( 4.6%) |
| Median Home Value | $266,123 |
| Average Home Value | $298,870 |
Residential
45,273
Single Family
39,223
Multi-Family
6,050
Businesses
1,711
Date | Event | Price |
|---|---|---|
| 2025-03-17 | Listed for sale | $235,000 |
| 2009-03-29 | Listing removed | $95,000 |
| 2008-10-31 | Price change | $95,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-17 | $174.84 | N/A | $229,485 | -3.40% |
| 2023-03-17 | N/A | N/A | $237,568 | 13.67% |
| 2022-03-17 | $715.09 | N/A | $209,003 | 35.29% |
Listed by: Lucy Aguirre Moore • Kino Realty, LLC.
Mls Name: HAR
Mls Provider:
Mls ID: #39958449
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