527 Promenade BlvdKatyTX77450
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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
Investment Highlights
Investment property for sale in Katy at 527 Promenade Blvd, Katy, TX, 77450 at $265,000 posts ROI 25.33% with $397/mo cash flow from $2,281/mo rent. Total monthly income equals $2,281/mo, and annual cash flow records $4,759/yr on $87,848 to close. Return on cash invested measures 25.33% and rental yield reads 10.33% at the current $265,000. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 by year five. Five-year ROI prints 133.11% and total cumulative return in cash totals $116,931.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,281/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1981
N/A lot
$N/A/sqft
No 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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