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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 3522 Gore Creek Dr, Katy, TX, 77494 listed at $380,000 pairs $2,980/mo rent with a $1,860/mo payment to leave $148/mo cash flow. Total monthly income runs $2,980/mo, and annual cash flow reaches $1,782/yr on $125,970 cash to close. Return on cash invested measures 21.32% in year one, and rental yield registers 9.41% at a $380,000 basis. Equity gained on principal adds $2,452/yr, and annual property appreciation at 5% supports $104,987 by year five. Five-year ROI tracks 112.09% and total cumulative return in cash totals $141,205. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,980/mo property income relative to a $1,860/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
7,614 sqft lot
$N/A/sqft
$1,550 annually 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 |
|---|---|---|
| 2024-12-21 | Listed for sale | $380,000 |
| 2024-04-30 | Listing removed | N/A |
| 2024-04-19 | Listed for rent | $2,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jesica Anderson • Jesica Anderson Group
Mls Name: HAR
Mls Provider:
Mls ID: #37205717
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