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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Richmond at 1804 W Laurel Oaks Dr, Richmond, TX, 77469 offers $2,473/mo rent that, after a $1,659/mo payment, leaves $63/mo cash flow. Total monthly income is $2,473/mo, and annual cash flow is $751/yr on $112,379 cash. Return on cash invested measures 20.58% in year one, and rental yield stands at 8.75% at a $339,000 entry. Equity gained on principal adds $2,188/yr while 5% annual appreciation compounds into $93,659 by year five. Five-year ROI records 107.65% and total cumulative return in cash reaches $120,976. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,473/mo property income versus a $1,659/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77469, Richmond, TX area.
| 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 |
Residential
25,396
Single Family
22,843
Multi-Family
2,553
Businesses
817
Date | Event | Price |
|---|---|---|
| 2025-04-12 | Listed for sale | $339,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-12 | $1952.67 | 3.38% | $252,625 | 5.13% |
| 2023-04-12 | $1888.80 | -24.72% | $240,306 | 10.00% |
| 2022-04-12 | $2508.97 | 5.48% | $218,460 | 10.00% |
Listed by: Kimberly Hollas • RE/MAX Fine Properties
Mls Name: HAR
Mls Provider:
Mls ID: #33964064
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