1318 Wild Geranium DrRichmondTX77406
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $4,220/mo, and a $3,161/mo payment. Purchase price stands at $645,900, and rental yield measures 7.84% with $4,220/mo rent. Return on cash invested shows 17.96% in year one, and 5% annual appreciation builds toward $178,450 over five years. Five-year ROI reaches 93.57% and total cumulative return in cash records $198,838. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,220/mo property income covering a $3,161/mo payment rather than investor’s personal income.
Single Family
Built in 2018
7,374 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices