








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 1107 Augusta Dr, Richmond, TX, 77406 listed at $339,000 pairs $2,827/mo rent with a $1,659/mo payment to leave $417/mo cash flow. Total monthly income runs $2,827/mo, and annual cash flow reaches $4,999/yr on $112,379 cash to close. Return on cash invested measures 24.36% in year one, and rental yield registers 10.01% at a $339,000 basis. Equity gained on principal adds $2,188/yr, and annual property appreciation at 5% supports $93,659 by year five. Five-year ROI tracks 127.91% and total cumulative return in cash totals $143,740. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,827/mo property income relative to a $1,659/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
6,368 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: Jeremy Serrano • The Sears Group
Mls Name: HAR
Mls ID: #56565921