7024 S Savannah RunKatyTX77493
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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 7024 S Savannah Run, Katy, TX, 77493 with 5% annual appreciation on a $814,300 basis while $6,727/mo rent supports operations. Total monthly income totals $6,727/mo and a $3,986/mo payment preserves $836/mo for cash returns. Annual cash flow comes to $10,032/yr on $267,905 deployed, and return on cash invested reaches 23.8% in year one. Equity gained on principal adds $5,255/yr, and five-year appreciation sums $224,976 alongside rental yield of 9.91%. Five-year ROI measures 125.07% and total cumulative return in cash totals $335,061.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,727/mo property income versus a $3,986/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2018
0.26 Acres lot
$N/A/sqft
$100 monthly 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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