4202 Spyglass Hills DrKatyTX77450
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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 4202 Spyglass Hills Dr, Katy, TX, 77450 priced at $1,350,000 pairs $4,646/mo rent with after a $6,608/mo payment. Total monthly income equals $4,646/mo. Return on cash invested is 6.62% in year one, and rental yield stands at 4.13% on a $1,350,000 basis. Equity gained on principal adds $8,711/yr, and 5% annual appreciation accumulates to $372,980 by year five. Five-year ROI measures 32.77% and total cumulative return in cash reaches $143,333. For financing, Ziffy Mortgage’s DSCR program evaluates $4,646/mo property income against a $6,608/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1991
0.34 Acres lot
$N/A/sqft
$700 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77450, Katy, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,806 (100%) |
| Owner Occupied HU | 16,796 (62.7%) |
| Renter Occupied HU | 9,008 (33.6%) |
| Vacant Housing Units | 1,002 ( 3.7%) |
| Median Home Value | $368,833 |
| Average Home Value | $417,525 |
Housing Distribution
Address Breakdown
Residential
25,836
Single Family
19,863
Multi-Family
5,973
Businesses
1,609
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Listed by: Linda Leiby • Better Homes and Gardens Real Estate Gary Greene - Katy
Mls Name: HAR
Mls Provider:
Mls ID: #43844022
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