4015 Teramo LnKatyTX77493
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 4015 Teramo Ln, Katy, TX, 77493 in Katy at $384,000 earns $2,905/mo in rent and nets $105/mo after the $1,727/mo payment, a 9.08% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $106,092 over five years. Ziffy Mortgage underwrites this on a 1.68 DSCR without U.S. credit history. With $3,537/yr in principal paydown, total projected return reaches $154,224.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 5.8% |
| Monthly Cash Flow | $105 | $320 |
City averages based on Katy market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,905 |
| Total Monthly Debt Service | $2,647 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2016
6,281 sqft lot
$N/A/sqft
$830 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
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
Single Family
Built in 2016
6,281 sqft lot
$N/A/sqft
$830 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shirin Dhamani • Walzel Properties - Corporate Office
Mls Name: HAR
Mls Provider:
Mls ID: #10644604
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