








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 1902 Audubon Ct, Richmond, TX, 77406 with 5% annual appreciation on a $274,900 basis while $2,358/mo rent supports operations. Total monthly income totals $2,358/mo and a $1,346/mo payment preserves $387/mo for cash returns. Annual cash flow comes to $4,644/yr on $91,129 deployed, and return on cash invested reaches 25% in year one. Equity gained on principal adds $1,774/yr, and five-year appreciation sums $75,950 alongside rental yield of 10.29%. Five-year ROI measures 131.45% and total cumulative return in cash totals $119,787.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,358/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1979
8,219 sqft lot
$N/A/sqft
$200 annually HOA
Neighborhood data shown for ZIP Code: 77406, Richmond, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,399 (100%) |
| Owner Occupied HU | 20,904 (79.2%) |
| Renter Occupied HU | 3,892 (14.7%) |
| Vacant Housing Units | 1,603 ( 6.1%) |
| Median Home Value | $456,400 |
| Average Home Value | $519,922 |
Residential
23,639
Single Family
21,386
Multi-Family
2,253
Businesses
1,062
Date | Event | Price |
|---|---|---|
| 2025-04-01 | Price change | $274,900 |
| 2025-03-04 | Price change | $279,000 |
| 2025-01-16 | Price change | $283,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-01 | $3946.08 | -1.95% | $251,519 | -0.75% |
| 2023-04-01 | $4024.61 | 4.09% | $253,423 | 10.98% |
| 2022-04-01 | $3866.59 | 20.76% | $228,360 | 20.88% |



Listed by: Kelley Brouillette • Berkshire Hathaway HomeServices Premier Properties
Mls Name: HAR
Mls Provider:
Mls ID: #69904943
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