








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 Spreading Bough Ln, Richmond, TX, 77406 earns $126/mo cash flow from $2,771/mo rent with a $1,786/mo payment. Total monthly income totals $2,771/mo, and annual cash flow totals $1,511/yr on $120,998 capital. ROI tracks 21.16% on current figures, and rental yield reads 9.11% at a $365,000 purchase. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 over five years. Five-year ROI reaches 110.91% and total cumulative return in cash sums $134,203. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,771/mo property income instead of your personal income.
Single Family
Built in 2002
8,581 sqft lot
$N/A/sqft
$600 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 |
|---|---|---|
| 2025-05-20 | Listed for sale | $365,000 |
| 2016-09-30 | Sold | N/A |
| 2016-08-19 | Pending sale | $215,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-20 | $1569.60 | 4.71% | $313,789 | 10.00% |
| 2023-05-20 | $1499.00 | -51.04% | $285,263 | 10.00% |
| 2022-05-20 | $3061.74 | 5.78% | $259,330 | 10.00% |



Listed by: Debra Marcell • Better Homes and Gardens Real Estate Gary Greene - Sugar Land
Mls Name: HAR
Mls Provider:
Mls ID: #84067494
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