3518 Yasmine Ranch DrKatyTX77494
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
Rental property for sale in Katy at 3518 Yasmine Ranch Dr, Katy, TX, 77494 priced at $475,000 converts $2,985/mo rent into after a $2,325/mo obligation. Total monthly income equals $2,985/mo. Return on cash invested prints 16.65% in year one, and rental yield reads 7.54% against a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation compiles into $131,234 by year five. Five-year ROI reaches 86.68% and total cumulative return in cash sums $136,495. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,985/mo property income covering a $2,325/mo payment, not borrower’s personal income.
Single Family
Built in 2012
5,519 sqft lot
$N/A/sqft
$410 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77494, Katy, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
49,087
Single Family
38,473
Multi-Family
10,614
Businesses
2,819
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jamie McMartin • Compass RE Texas, LLC - Katy
Mls Name: HAR
Mls Provider:
Mls ID: #35361767
Disclaimer: Copyright 2025, 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.