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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 119 Amaranth Way, Richmond, TX, 77406 earns from $2,885/mo rent with a $2,325/mo payment. Total monthly income totals $2,885/mo. ROI tracks 15.38% on current figures, and rental yield reads 7.29% at a $475,000 purchase. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 over five years. Five-year ROI reaches 80.08% and total cumulative return in cash sums $126,103. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,885/mo property income instead of your personal income.
Single Family
Built in N/A
5,688 sqft lot
$N/A/sqft
$1,210 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 |
|---|---|---|
| 2024-12-04 | Price change | $475,000 |
| 2024-11-23 | Price change | $480,000 |
| 2024-11-17 | Price change | $530,771 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $42,500 | N/A |
Listed by: Beverly Bradley • Weekley Properties Beverly Bradley
Mls Name: HAR
Mls Provider:
Mls ID: #65464783
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