








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Katy at 4202 Misty Waters Ln, Katy, TX, 77494 generates $3,767/mo in rent and, after a $2,344/mo payment, leaves $361/mo in cash flow. Total monthly income is $3,767/mo, and annual cash flow is $4,335/yr on $158,789 invested. Return on cash invested sits at 22.64% in year one, and rental yield is 9.44% on a $479,000 entry. Equity gained on principal adds $3,091/yr, while 5% annual appreciation builds toward $132,339 over five years. Five-year ROI reaches 118.71% and total cumulative return in cash sums $188,499. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,767/mo property income rather than buyer’s personal income.
Single Family
Built in 2012
7,217 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: Michael Knowles • Real Broker, LLC
Mls Name: HAR
Mls ID: #48307927