6403 Winding Cove LnKatyTX77450
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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
Investment property for sale in Katy at 6403 Winding Cove Ln, Katy, TX, 77450 offers a 9.35% rental yield on a $413,700 purchase with $3,223/mo rent. Total monthly income registers $3,223/mo, and a $2,025/mo payment leaves $152/mo available for distribution. Annual cash flow reaches $1,827/yr on $137,142 to close, and return on cash invested stands at 21.24% in year one. Equity gained on principal adds $2,670/yr while 5% annual appreciation supports $114,298 over five years. Portfolio math shows five-year ROI at 111.62% and total cumulative return in cash at $153,081. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,223/mo property income against a $2,025/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
8,211 sqft lot
$N/A/sqft
$96 monthly 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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