6631 New World DrKatyTX77449
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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 6631 New World Dr, Katy, TX, 77449 with 5% annual appreciation on a $230,000 basis while $1,949/mo rent supports operations. Total monthly income totals $1,949/mo and a $1,126/mo payment preserves $288/mo for cash returns. Annual cash flow comes to $3,458/yr on $76,245 deployed, and return on cash invested reaches 24.44% in year one. Equity gained on principal adds $1,484/yr, and five-year appreciation sums $63,545 alongside rental yield of 10.17%. Five-year ROI measures 128.58% and total cumulative return in cash totals $98,035.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,949/mo property income versus a $1,126/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1983
6,599 sqft lot
$N/A/sqft
$300 annually HOA
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 |
Housing Distribution
Address Breakdown
Residential
45,273
Single Family
39,223
Multi-Family
6,050
Businesses
1,711
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Listed by: Ruby Miranda • Keller Williams Realty Clear Lake / NASA
Mls Name: HAR
Mls Provider:
Mls ID: #69158075
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