831 Merlin RoostKatyTX77494
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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 831 Merlin Roost, Katy, TX, 77494 offers $2,836/mo rent that, after a $1,640/mo payment, leaves $453/mo cash flow. Total monthly income is $2,836/mo, and annual cash flow is $5,441/yr on $111,053 cash. Return on cash invested measures 24.81% in year one, and rental yield stands at 10.16% at a $335,000 entry. Equity gained on principal adds $2,162/yr while 5% annual appreciation compounds into $92,554 by year five. Five-year ROI records 130.34% and total cumulative return in cash reaches $144,740. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,836/mo property income versus a $1,640/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
5,462 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77494, Katy, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 51,600 (100%) |
| Owner Occupied HU | 34,369 (66.6%) |
| Renter Occupied HU | 14,379 (27.9%) |
| Vacant Housing Units | 2,852 ( 5.5%) |
| Median Home Value | $489,545 |
| Average Home Value | $538,775 |
Housing Distribution
Address Breakdown
Residential
49,087
Single Family
38,473
Multi-Family
10,614
Businesses
2,819
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