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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 7311 Dover View Ln, Katy, TX, 77493 offers $2,441/mo rent that, after a $1,444/mo payment, leaves $281/mo cash flow. Total monthly income is $2,441/mo, and annual cash flow is $3,367/yr on $97,793 cash. Return on cash invested measures 23.35% in year one, and rental yield stands at 9.93% at a $295,000 entry. Equity gained on principal adds $1,904/yr while 5% annual appreciation compounds into $81,503 by year five. Five-year ROI records 122.8% and total cumulative return in cash reaches $120,086. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,441/mo property income versus a $1,444/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
6,494 sqft lot
$N/A/sqft
$750 annually HOA
Neighborhood data shown for ZIP Code: 77493, Katy, TX area.
| 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 |
Residential
28,487
Single Family
26,616
Multi-Family
1,871
Businesses
700
Date | Event | Price |
|---|---|---|
| 2025-01-02 | Listed for rent | $2,400 |
| 2025-01-02 | Price change | $295,000 |
| 2023-04-14 | Pending sale | $312,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $2367.78 | -9.02% | $263,004 | 75.93% |
| 2023-02-13 | $2602.41 | N/A | $149,495 | N/A |
Listed by: Karen Sumner • Keller Williams Realty Professionals
Mls Name: HAR
Mls Provider:
Mls ID: #10095184
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