6918 Russet Oak LnKatyTX77493
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 6918 Russet Oak Ln, Katy, TX, 77493 offers $3,256/mo rent that, after a $2,051/mo payment, leaves $161/mo cash flow. Total monthly income is $3,256/mo, and annual cash flow is $1,931/yr on $138,895 cash. Return on cash invested measures 21.3% in year one, and rental yield stands at 9.33% at a $418,990 entry. Equity gained on principal adds $2,704/yr while 5% annual appreciation compounds into $115,759 by year five. Five-year ROI records 111.86% and total cumulative return in cash reaches $155,366. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,256/mo property income versus a $2,051/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
7,474 sqft lot
$N/A/sqft
$1,384 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77493, Katy, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,370 (100%) |
| Owner Occupied HU | 23,744 (75.7%) |
| Renter Occupied HU | 5,525 (17.6%) |
| Vacant Housing Units | 2,101 ( 6.7%) |
| Median Home Value | $360,331 |
| Average Home Value | $412,471 |
Housing Distribution
Address Breakdown
Residential
28,487
Single Family
26,616
Multi-Family
1,871
Businesses
700
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Nearby investment properties with comparable prices
Listed by: Mike Elgoher • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #12154164
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