707 Cascade Creek DrKatyTX77450
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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 707 Cascade Creek Dr, Katy, TX, 77450 at $275,200 posts ROI 17.24% with from $1,908/mo rent. Total monthly income equals $1,908/mo. Return on cash invested measures 17.24% and rental yield reads 8.32% at the current $275,200. Equity gained on principal adds $1,776/yr, and 5% annual appreciation supports $76,033 by year five. Five-year ROI prints 90.45% and total cumulative return in cash totals $82,514. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,908/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
6,899 sqft lot
$N/A/sqft
$151 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77450, Katy, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,806 (100%) |
| Owner Occupied HU | 16,796 (62.7%) |
| Renter Occupied HU | 9,008 (33.6%) |
| Vacant Housing Units | 1,002 ( 3.7%) |
| Median Home Value | $368,833 |
| Average Home Value | $417,525 |
Housing Distribution
Address Breakdown
Residential
25,836
Single Family
19,863
Multi-Family
5,973
Businesses
1,609
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