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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% |
Rental property for sale in Richmond at 10803 Jowart Ct, Richmond, TX, 77469 generates $2,324/mo in rent and, after a $1,370/mo payment, leaves $292/mo in cash flow. Total monthly income is $2,324/mo, and annual cash flow is $3,500/yr on $92,820 invested. Return on cash invested sits at 23.68% in year one, and rental yield is 9.96% on a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 124.48% and total cumulative return in cash sums $115,545. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,324/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
6,590 sqft lot
$N/A/sqft
$500 annually HOA
Neighborhood data shown for ZIP Code: 77469, Richmond, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,583 (100%) |
| Owner Occupied HU | 20,528 (71.8%) |
| Renter Occupied HU | 5,709 (20.0%) |
| Vacant Housing Units | 2,346 ( 8.2%) |
| Median Home Value | $366,886 |
| Average Home Value | $418,861 |
Residential
25,396
Single Family
22,843
Multi-Family
2,553
Businesses
817
Date | Event | Price |
|---|---|---|
| 2025-01-30 | Listed for sale | $280,000 |
| 2022-02-03 | Listing removed | N/A |
| 2021-11-07 | Pending sale | $264,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $295,438 | -6.33% |
| 2023-02-13 | $4287.11 | -9.39% | $315,399 | 24.92% |
| 2022-02-13 | $4731.32 | N/A | $252,480 | N/A |
Listed by: Ivonne Mitha • United Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #17645352
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