3314 Silverside DrKatyTX77449
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3314 Silverside Dr, Katy, TX, 77449 uses $62,654 cash to close to unlock $8,089/yr annual cash flow and $674/mo monthly cash flow. Total monthly income runs $2,053/mo, and a $925/mo payment keeps the spread at $674/mo. Purchase price stands at $189,000, and rental yield measures 13.03% with $2,053/mo rent. Return on cash invested shows 32.82% in year one, and 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 173.6% and total cumulative return in cash records $108,766. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,053/mo property income covering a $925/mo payment rather than investor’s personal income.
Multi Family
Built in 1983
5,275 sqft lot
$N/A/sqft
$420 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77449, Katy, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
45,273
Single Family
39,223
Multi-Family
6,050
Businesses
1,711
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alexis McCarty • Better Homes and Gardens Real Estate Gary Greene - Memorial
Mls Name: HAR
Mls Provider:
Mls ID: #71339426
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.