1203 Orange Pumpkin LnRichmondTX77406
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Richmond at 1203 Orange Pumpkin Ln, Richmond, TX, 77406 priced at $779,900 converts $4,422/mo rent into after a $3,817/mo obligation. Total monthly income equals $4,422/mo. Return on cash invested prints 14.33% in year one, and rental yield reads 6.8% against a $779,900 entry. Equity gained on principal adds $5,033/yr, while 5% annual appreciation compiles into $215,472 by year five. Five-year ROI reaches 74.3% and total cumulative return in cash sums $190,653. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,422/mo property income covering a $3,817/mo payment, not borrower’s personal income.
Single Family
Built in 2019
10,528 sqft lot
$N/A/sqft
$1,210 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77406, Richmond, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
23,639
Single Family
21,386
Multi-Family
2,253
Businesses
1,062
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Listed by: Salman Tejani • RE/MAX Fine Properties
Mls Name: HAR
Mls Provider:
Mls ID: #81854508
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