6205 Lone Prairie Way, Katy, TX, 77449 | $534/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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6205 Lone Prairie Way, Katy, TX, 77449 | $534/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Katy at 6205 Lone Prairie Way, Katy, TX, 77449 uses $71,273 cash to close to unlock $6,413/yr annual cash flow and $534/mo monthly cash flow. Total monthly income runs $2,063/mo, and a $1,052/mo payment keeps the spread at $534/mo. Purchase price stands at $215,000, and rental yield measures 11.51% with $2,063/mo rent. Return on cash invested shows 28.91% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 152.32% and total cumulative return in cash records $108,565. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,063/mo property income covering a $1,052/mo payment rather than investor’s personal income.

Single Family

Built in 2004

2,548 sqft lot

$N/A/sqft

No HOA

More details about the property

Freshly updated and move in ready, this home combines timeless finishes with modern convenience. The kitchen features Alaskan White granite counters, white cabinetry, subway glass tile backsplash, and stainless steel appliances. Refrigerator, washer, and dryer remain. The eat in kitchen opens to the family room, while the front living space can serve as dining, study, playroom, or media. Wood laminate floors flow through the main living areas with tile in the kitchen and baths and brand new carpet in the bedrooms. The primary suite offers a walk in tiled shower, granite counters, framed mirror, and updated lighting and fixtures. A secondary bath mirrors the same finishes. Fresh interior paint in 2025 enhances the bright and inviting interiors with ceiling fans in every bedroom. Outside enjoy a paver patio, fully fenced backyard, and detached two car garage with alley access. Community lake, walking trails, shopping, hospitals, and commuter routes nearby. Zoned to CFISD. Never flooded.

Neighborhood Data

Neighborhood data shown for ZIP Code: 77449, Katy, TX area.

Housing Distribution

Housing Statistics

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