Plan 218 Plan, GrangeKatyTX77493
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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 Plan 218 Plan, Grange, Katy, TX, 77493 priced at $668,990 converts $4,100/mo rent into after a $3,274/mo obligation. Total monthly income equals $4,100/mo. Return on cash invested prints 16.48% in year one, and rental yield reads 7.35% against a $668,990 entry. Equity gained on principal adds $4,317/yr, while 5% annual appreciation compiles into $184,830 by year five. Five-year ROI reaches 85.65% and total cumulative return in cash sums $188,520. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,100/mo property income covering a $3,274/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77493, Katy, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
28,487
Single Family
26,616
Multi-Family
1,871
Businesses
700
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