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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% |
Investment property for sale in Richmond at 1823 Eli Fenn Dr, Richmond, TX, 77469 offers a 5.44% rental yield on a $688,000 purchase with $3,120/mo rent. 08% in year one. Equity gained on principal adds $4,440/yr while 5% annual appreciation supports $190,082 over five years. Portfolio math shows five-year ROI at 51.53% and total cumulative return in cash at $116,644. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,120/mo property income against a $3,367/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
10,467 sqft lot
$N/A/sqft
$1,320 annually 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 |
|---|---|---|
| 2025-04-16 | Listed for sale | $688,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-16 | $6801.67 | 10.53% | $535,437 | 10.00% |
| 2023-04-16 | $6153.78 | -6.71% | $486,761 | 10.00% |
| 2022-04-16 | $6596.46 | 7.38% | $442,510 | 10.00% |
Listed by: Brittany Wilson • Engel & Volkers Houston
Mls Name: HAR
Mls Provider:
Mls ID: #92141022
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