17535 Heath Grove LnRichmondTX77407
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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 17535 Heath Grove Ln, Richmond, TX, 77407 uses $98,121 cash to close to unlock $3,887/yr annual cash flow and $324/mo monthly cash flow. Total monthly income runs $2,429/mo, and a $1,449/mo payment keeps the spread at $324/mo. Purchase price stands at $295,990, and rental yield measures 9.85% with $2,429/mo rent. Return on cash invested shows 23.87% in year one, and 5% annual appreciation builds toward $81,777 over five years. Five-year ROI reaches 125.28% and total cumulative return in cash records $122,929. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,429/mo property income covering a $1,449/mo payment rather than investor’s personal income.
Single Family
Built in 2002
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices