15000 S Richmond Ave UNIT 2, Houston, TX, 77082 | $596/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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15000 S Richmond Ave UNIT 2, Houston, TX, 77082 | $596/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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15000 S Richmond Ave UNIT 6, Houston, TX, 77082

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

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Investment Highlights

Investment property for sale in Houston at 15000 S Richmond Ave UNIT 2, Houston, TX, 77082 uses $124,313 cash to close to unlock $7,149/yr annual cash flow and $596/mo monthly cash flow. Total monthly income runs $3,262/mo, and a $1,835/mo payment keeps the spread at $596/mo. Purchase price stands at $375,000, and rental yield measures 10.44% with $3,262/mo rent. Return on cash invested shows 25.66% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 134.88% and total cumulative return in cash records $167,679. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,262/mo property income covering a $1,835/mo payment rather than investor’s personal income.

Single Family

Built in 2024

N/A lot

$N/A/sqft

No HOA

More details about the property

LAST 2 UNITS AVAILABLE! Welcome to Villas Quindici, a stunning new home development that redefines modern living! This exquisite 3-4 bedroom, 3.5 bathroom home features an open-concept first floor, showcasing sleek designs and elegant Italian-style cabinets. The spacious layout is perfect for entertaining and everyday living. On the second floor, you'll find three well-appointed bedrooms, including a luxurious primary suite that boasts a spa-inspired bathroom and a generous walk-in closet, providing a private retreat for relaxation. The third floor offers a versatile game room with a full bathroom and a balcony, ideal for hosting friends or enjoying serene evenings. With its blend of style and functionality, Villas Quindici is the perfect place to call home. Experience modern elegance and comfort in this vibrant community. Schedule your tour today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 77082, Houston, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	25,510 (100%)
Owner Occupied HU	8,364 (32.8%)
Renter Occupied HU	15,382 (60.3%)
Vacant Housing Units	1,764 ( 6.9%)
Median Home Value	$280,305
Average Home Value	$429,694