








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 7623 Green Bulrush Way, Katy, TX, 77493 offers $2,650/mo rent that, after a $1,664/mo payment, leaves $117/mo cash flow. Total monthly income is $2,650/mo, and annual cash flow is $1,407/yr on $112,677 cash. Return on cash invested measures 21.16% in year one, and rental yield stands at 9.36% at a $339,900 entry. Equity gained on principal adds $2,193/yr while 5% annual appreciation compounds into $93,908 by year five. Five-year ROI records 111.23% and total cumulative return in cash reaches $125,327. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,650/mo property income versus a $1,664/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
4,329 sqft lot
$N/A/sqft
$1,384 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 |
|---|---|---|
| 2025-02-04 | Listed for rent | $2,700 |
| 2022-05-09 | Listing removed | N/A |
| 2022-01-18 | Pending sale | $311,815 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $3591.03 | -34.63% | $287,073 | -11.23% |
| 2023-02-13 | $5493.80 | 194.96% | $323,384 | 118.82% |
| 2022-02-13 | $1862.56 | N/A | $147,783 | N/A |



Listed by: Randall Kerth • Segue Real Estate Group
Mls Name: HAR
Mls Provider:
Mls ID: #23265186
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.