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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% |
Investment property for sale in Richmond at 10406 Grove Row Ave, Richmond, TX, 77407 listed at $370,000 pairs $2,771/mo rent with a $1,811/mo payment to leave $140/mo cash flow. Total monthly income runs $2,771/mo, and annual cash flow reaches $1,678/yr on $122,655 cash to close. Return on cash invested measures 21.28% in year one, and rental yield registers 8.99% at a $370,000 basis. Equity gained on principal adds $2,388/yr, and annual property appreciation at 5% supports $102,224 by year five. Five-year ROI tracks 111.38% and total cumulative return in cash totals $136,613. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,771/mo property income relative to a $1,811/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
3,659 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Mumtaz Tejani • JPAR Houston
Mls Name: HAR
Mls ID: #20761041
