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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 5426 Redwood Summit Ln, Katy, TX, 77449 generates $2,444/mo in rent and, after a $1,459/mo payment, leaves $296/mo in cash flow. Total monthly income is $2,444/mo, and annual cash flow is $3,553/yr on $98,787 invested. Return on cash invested sits at 23.51% in year one, and rental yield is 9.84% on a $298,000 entry. Equity gained on principal adds $1,923/yr, while 5% annual appreciation builds toward $82,332 over five years. Five-year ROI reaches 123.52% and total cumulative return in cash sums $122,024. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,444/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
6,189 sqft lot
$N/A/sqft
$340 annually HOA
Neighborhood data shown for ZIP Code: 77449, Katy, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 46,204 (100%) |
| Owner Occupied HU | 29,727 (64.3%) |
| Renter Occupied HU | 14,352 (31.1%) |
| Vacant Housing Units | 2,125 ( 4.6%) |
| Median Home Value | $266,123 |
| Average Home Value | $298,870 |
Residential
45,273
Single Family
39,223
Multi-Family
6,050
Businesses
1,711
Date | Event | Price |
|---|---|---|
| 2025-07-24 | Price change | $298,000 |
| 2025-06-05 | Listed for sale | $335,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-24 | $2025.97 | 2.11% | $267,885 | -7.24% |
| 2023-07-24 | $1984.11 | 10.42% | $288,786 | 11.42% |
| 2022-07-24 | $1796.92 | N/A | $259,197 | 29.55% |
Listed by: Ann Pulido • Keller Williams Memorial
Mls Name: HAR
Mls Provider:
Mls ID: #95383866
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