18519 Orono Ridge TrlRichmondTX77407
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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
Rental property for sale in Richmond at 18519 Orono Ridge Trl, Richmond, TX, 77407 generates $3,552/mo in rent and, after a $2,300/mo payment, leaves $131/mo in cash flow. Total monthly income is $3,552/mo, and annual cash flow is $1,575/yr on $155,772 invested. Return on cash invested sits at 20.92% in year one, and rental yield is 9.07% on a $469,900 entry. Equity gained on principal adds $3,032/yr, while 5% annual appreciation builds toward $129,825 over five years. Five-year ROI reaches 109.71% and total cumulative return in cash sums $170,894. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,552/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
7,736 sqft lot
$N/A/sqft
$950 annually HOA
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Nearby investment properties with comparable prices
Listed by: Boydeia Glass • Glass House Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #63841133
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