17423 Hanoverian Dr, Richmond, TX, 77407 | 7.46% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Richmond at 17423 Hanoverian Dr, Richmond, TX, 77407 offers a 7.46% rental yield on a $900,000 purchase with $5,593/mo rent. 79% in year one. Equity gained on principal adds $5,808/yr while 5% annual appreciation supports $248,653 over five years. Portfolio math shows five-year ROI at 87.29% and total cumulative return in cash at $258,468. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,593/mo property income against a $4,405/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2012

8,764 sqft lot

$N/A/sqft

No HOA