








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 3515 Windham Way, Katy, TX, 77494 uses $107,572 cash to close to unlock $4,436/yr annual cash flow and $370/mo monthly cash flow. Total monthly income runs $2,677/mo, and a $1,588/mo payment keeps the spread at $370/mo. Purchase price stands at $324,500, and rental yield measures 9.9% with $2,677/mo rent. Return on cash invested shows 24.03% in year one, and 5% annual appreciation builds toward $89,653 over five years. Five-year ROI reaches 126.18% and total cumulative return in cash records $135,732. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,677/mo property income covering a $1,588/mo payment rather than investor’s personal income.
Single Family
Built in 2020
5,998 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Ruth Carratala-Vargas • Orchard Brokerage
Mls Name: HAR
Mls ID: #21552801