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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 10806 Cassiopeia Creek Cir, Richmond, TX, 77406 generates $3,960/mo in rent and, after a $2,056/mo payment, leaves $753/mo in cash flow. Total monthly income is $3,960/mo, and annual cash flow is $9,032/yr on $139,230 invested. Return on cash invested sits at 26.4% in year one, and rental yield is 11.31% on a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 139.54% and total cumulative return in cash sums $194,275. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,960/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
10,341 sqft lot
$N/A/sqft
$750 annually 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 |
|---|---|---|
| 2024-12-01 | Listed for sale | $420,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $531,242 | 0.88% |
| 2023-12-27 | $8867.05 | 13.66% | $526,618 | 20.84% |
| 2022-12-27 | $7801.33 | 1049.89% | $435,790 | 1052.88% |
Listed by: Sharon Leshikar • eXp Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #10599339
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
