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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% |
Rental property for sale in Katy at 5070 Meadowlark Ln, Katy, TX, 77493 offers $2,730/mo rent that, after a $1,855/mo payment. Total monthly income is $2,730/mo. Return on cash invested measures 19.01% in year one, and rental yield stands at 8.64% at a $379,000 entry. Equity gained on principal adds $2,446/yr while 5% annual appreciation compounds into $104,711 by year five. Five-year ROI records 99.72% and total cumulative return in cash reaches $125,291. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,730/mo property income versus a $1,855/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
0.32 Acres lot
$N/A/sqft
$450 annually HOA
Neighborhood data shown for ZIP Code: 77493, Katy, TX area.
| 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 |
Residential
28,487
Single Family
26,616
Multi-Family
1,871
Businesses
700
Date | Event | Price |
|---|---|---|
| 2024-12-08 | Listed for sale | $379,000 |
| 2024-09-22 | Listing removed | $379,000 |
| 2024-09-08 | Listed for sale | $379,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $332,656 | -14.57% |
| 2023-12-27 | $7384.93 | 7.95% | $389,389 | 29.79% |
| 2022-12-27 | $6841.02 | N/A | $300,008 | 36.40% |
Listed by: Waldina Galeano • The Agency Team
Mls Name: HAR
Mls Provider:
Mls ID: #26861893
Disclaimer: Copyright 2024, 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.
