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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 1403 Mulberry Farm Ln, Richmond, TX, 77469 offers $4,826/mo rent that, after a $3,867/mo payment. Total monthly income is $4,826/mo. Return on cash invested measures 15.86% in year one, and rental yield stands at 7.33% at a $790,000 entry. Equity gained on principal adds $5,098/yr while 5% annual appreciation compounds into $218,262 by year five. Five-year ROI records 82.55% and total cumulative return in cash reaches $214,548. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,826/mo property income versus a $3,867/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
1.25 Acres lot
$N/A/sqft
$1,400 annually HOA
Neighborhood data shown for ZIP Code: 77469, Richmond, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,583 (100%) |
| Owner Occupied HU | 20,528 (71.8%) |
| Renter Occupied HU | 5,709 (20.0%) |
| Vacant Housing Units | 2,346 ( 8.2%) |
| Median Home Value | $366,886 |
| Average Home Value | $418,861 |
Residential
25,396
Single Family
22,843
Multi-Family
2,553
Businesses
817
Date | Event | Price |
|---|---|---|
| 2025-01-27 | Listed for sale | $790,000 |
| 2014-02-22 | Listing removed | $447,000 |
| 2014-01-15 | Price change | $447,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $631,402 | -2.96% |
| 2023-02-13 | $10332.97 | 1.19% | $650,650 | 7.89% |
| 2022-02-13 | $10211.35 | 31.34% | $603,080 | 31.47% |
What's Special
Radiant Attic Barrier
Listed by: Sherri Horn • Better Homes and Gardens Real Estate Gary Greene - Sugar Land
Mls Name: HAR
Mls Provider:
Mls ID: #67081824
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