6707 Lindale Springs LnKatyTX77449
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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
Rental property for sale in Katy at 6707 Lindale Springs Ln, Katy, TX, 77449 priced at $292,600 converts $2,575/mo rent into $494/mo cash flow after a $1,432/mo obligation. Total monthly income equals $2,575/mo, and annual cash flow totals $5,933/yr on $96,997 invested. Return on cash invested prints 26.03% in year one, and rental yield reads 10.56% against a $292,600 entry. Equity gained on principal adds $1,888/yr, while 5% annual appreciation compiles into $80,840 by year five. Five-year ROI reaches 136.87% and total cumulative return in cash sums $132,761. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,575/mo property income covering a $1,432/mo payment, not borrower’s personal income.
Single Family
Built in 2016
5,183 sqft lot
$N/A/sqft
No 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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