15000 S Richmond St #3HoustonTX77082
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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 Houston at 15000 S Richmond St #3, Houston, TX, 77082 generates $2,526/mo in rent and, after a $1,738/mo payment, leaves $1/mo in cash flow. Total monthly income is $2,526/mo, and annual cash flow is $13/yr on $117,683 invested. Return on cash invested sits at 19.92% in year one, and rental yield is 8.54% on a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 104.15% and total cumulative return in cash sums $122,568. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,526/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
24,073
Single Family
10,344
Multi-Family
13,729
Businesses
1,182
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