807 Sierra Lake 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
Rental property for sale in Katy at 807 Sierra Lake Dr, Katy, TX, 77450 priced at $395,700 pairs $3,371/mo rent with $557/mo cash flow after a $1,937/mo payment. Total monthly income equals $3,371/mo, and annual cash flow comes to $6,682/yr on $131,175 invested. Return on cash invested is 25% in year one, and rental yield stands at 10.22% on a $395,700 basis. Equity gained on principal adds $2,553/yr, and 5% annual appreciation accumulates to $109,325 by year five. Five-year ROI measures 131.36% and total cumulative return in cash reaches $172,306. For financing, Ziffy Mortgage’s DSCR program evaluates $3,371/mo property income against a $1,937/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1991
0.37 Acres lot
$N/A/sqft
No 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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Listed by: Mimi Valencia • Walzel Properties - Corporate Office
Mls Name: HAR
Mls Provider:
Mls ID: #87956990
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