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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 6915 Monarch Lake Ln, Katy, TX, 77494 generates $5,315/mo in rent, after a $4,234/mo payment. Total monthly income is $5,315/mo. Return on cash invested sits at 16.53% in year one, and rental yield is 7.37% on a $865,000 entry. Equity gained on principal adds $5,582/yr, while 5% annual appreciation builds toward $238,984 over five years. Five-year ROI reaches 85.93% and total cumulative return in cash sums $244,539. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,315/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
10,850 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77494, Katy, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 51,600 (100%) |
| Owner Occupied HU | 34,369 (66.6%) |
| Renter Occupied HU | 14,379 (27.9%) |
| Vacant Housing Units | 2,852 ( 5.5%) |
| Median Home Value | $489,545 |
| Average Home Value | $538,775 |
Residential
49,087
Single Family
38,473
Multi-Family
10,614
Businesses
2,819
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Mojgan Rezaie • Realty Of America, LLC
Mls Name: HAR
Mls ID: #14301722
