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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 3028 Ruby Ridge Dr, Katy, TX, 77493 listed at $340,000 pairs $2,629/mo rent with a $1,664/mo payment to leave $111/mo cash flow. Total monthly income runs $2,629/mo, and annual cash flow reaches $1,336/yr on $112,710 cash to close. Return on cash invested measures 21.09% in year one, and rental yield registers 9.28% at a $340,000 basis. Equity gained on principal adds $2,194/yr, and annual property appreciation at 5% supports $93,936 by year five. Five-year ROI tracks 110.82% and total cumulative return in cash totals $124,902. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,629/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
N/A lot
$N/A/sqft
$1,200 annually HOA
Neighborhood data shown for ZIP Code: 77493, Katy, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,370 (100%) |
| Owner Occupied HU | 23,744 (75.7%) |
| Renter Occupied HU | 5,525 (17.6%) |
| Vacant Housing Units | 2,101 ( 6.7%) |
| Median Home Value | $360,331 |
| Average Home Value | $412,471 |
Residential
28,487
Single Family
26,616
Multi-Family
1,871
Businesses
700
Date | Event | Price |
|---|---|---|
| 2025-02-06 | Price change | $340,000 |
| 2025-02-03 | Price change | $350,000 |
| 2024-12-30 | Listed for sale | $360,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jared Turner • Lennar Homes Village Builders, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #26739414
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