1523 Rocky Bar LnRichmondTX77469
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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
Investment property for sale in Richmond at 1523 Rocky Bar Ln, Richmond, TX, 77469 at $395,000 posts ROI 21.4% with $162/mo cash flow from $2,971/mo rent. Total monthly income equals $2,971/mo, and annual cash flow records $1,949/yr on $130,943 to close. Return on cash invested measures 21.4% and rental yield reads 9.03% at the current $395,000. Equity gained on principal adds $2,549/yr, and 5% annual appreciation supports $109,131 by year five. Five-year ROI prints 112.05% and total cumulative return in cash totals $146,718.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,971/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2004
10,171 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77469, Richmond, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
25,396
Single Family
22,843
Multi-Family
2,553
Businesses
817
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