








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 29403 Enchanted Breeze Ln, Katy, TX, 77494 offers a 10.04% rental yield on a $394,999 purchase with $3,306/mo rent. Total monthly income registers $3,306/mo, and a $1,933/mo payment leaves $414/mo available for distribution. Annual cash flow reaches $4,969/yr on $130,942 to close, and return on cash invested stands at 23.7% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,131 over five years. Portfolio math shows five-year ROI at 124.7% and total cumulative return in cash at $163,290. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,306/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
N/A lot
$N/A/sqft
$1,000 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 |
|---|---|---|
| 2024-11-01 | Listed for sale | $394,999 |
| 2024-10-26 | Listing removed | $2,500 |
| 2024-10-01 | Price change | $2,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $387,394 | 10.00% |
| 2023-12-27 | $5346.07 | -7.22% | $352,176 | 10.00% |
| 2022-12-27 | $5762.20 | 6.71% | $320,160 | 10.00% |



What's Special
Radiant Attic Barrier
Listed by: Adewale Adefisayo • AAA Realty
Mls Name: HAR
Mls Provider:
Mls ID: #76885128
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.