302 Houghton RdKatyTX77450
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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
Investment Highlights
Investment property for sale in Katy at 302 Houghton Rd, Katy, TX, 77450 at $450,000 posts ROI 18.68% with from $3,073/mo rent. Total monthly income equals $3,073/mo. Return on cash invested measures 18.68% and rental yield reads 8.19% at the current $450,000. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 by year five. Five-year ROI prints 97.56% and total cumulative return in cash totals $145,530. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,073/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
8,293 sqft lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77450, Katy, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,806 (100%) |
| Owner Occupied HU | 16,796 (62.7%) |
| Renter Occupied HU | 9,008 (33.6%) |
| Vacant Housing Units | 1,002 ( 3.7%) |
| Median Home Value | $368,833 |
| Average Home Value | $417,525 |
Housing Distribution
Address Breakdown
Residential
25,836
Single Family
19,863
Multi-Family
5,973
Businesses
1,609
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Listed by: Kellye Casey • Del Monte Realty
Mls Name: HAR
Mls Provider:
Mls ID: #33162835
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