








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 10510 Rigel Ridge Way, Richmond, TX, 77406 uses $154,148 cash to close to unlock $2,799/yr annual cash flow and $233/mo monthly cash flow. Total monthly income runs $3,540/mo, and a $2,276/mo payment keeps the spread at $233/mo. Purchase price stands at $465,000, and rental yield measures 9.14% with $3,540/mo rent. Return on cash invested shows 21.72% in year one, and 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 113.8% and total cumulative return in cash records $175,427. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,540/mo property income covering a $2,276/mo payment rather than investor’s personal income.
Single Family
Built in 2022
6,603 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77406, Richmond, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,399 (100%) |
| Owner Occupied HU | 20,904 (79.2%) |
| Renter Occupied HU | 3,892 (14.7%) |
| Vacant Housing Units | 1,603 ( 6.1%) |
| Median Home Value | $456,400 |
| Average Home Value | $519,922 |
Residential
23,639
Single Family
21,386
Multi-Family
2,253
Businesses
1,062
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: Jeffrey Kurek • Walzel Properties - Corporate Office
Mls Name: HAR
Mls ID: #84168371