1707 Yellow Iris TrlRichmondTX77406
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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 1707 Yellow Iris Trl, Richmond, TX, 77406 listed at $932,000 pairs $4,639/mo rent with a $4,562/mo payment. Total monthly income runs $4,639/mo. Return on cash invested measures 12.28% in year one, and rental yield registers 5.97% at a $932,000 basis. Equity gained on principal adds $6,014/yr, and annual property appreciation at 5% supports $257,494 by year five. Five-year ROI tracks 63.1% and total cumulative return in cash totals $193,490. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,639/mo property income relative to a $4,562/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2019
0.28 Acres 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
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