3507 Lochleven LnKatyTX77493
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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
Rental property for sale in Katy at 3507 Lochleven Ln, Katy, TX, 77493 priced at $537,760 converts $4,100/mo rent into $201/mo cash flow after a $2,632/mo obligation. Total monthly income equals $4,100/mo, and annual cash flow totals $2,412/yr on $176,923 invested. Return on cash invested prints 21.42% in year one, and rental yield reads 9.15% against a $537,760 entry. Equity gained on principal adds $3,470/yr, while 5% annual appreciation compiles into $148,573 by year five. Five-year ROI reaches 112.33% and total cumulative return in cash sums $198,739. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,100/mo property income covering a $2,632/mo payment, not borrower’s personal income.
Single Family
Built in 2025
8,664 sqft lot
$N/A/sqft
$900 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77493, Katy, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
28,487
Single Family
26,616
Multi-Family
1,871
Businesses
700
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Listed by: Angeline Clark • Monarch Real Estate & Ranch
Mls Name: HAR
Mls Provider:
Mls ID: #10375817
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