1918 Huntington LnRichmondTX77406
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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 1918 Huntington Ln, Richmond, TX, 77406 priced at $1,474,000 pairs $7,490/mo rent with after a $7,215/mo payment. Total monthly income equals $7,490/mo. Return on cash invested is 12.8% in year one, and rental yield stands at 6.1% on a $1,474,000 basis. Equity gained on principal adds $9,511/yr, and 5% annual appreciation accumulates to $407,239 by year five. Five-year ROI measures 65.87% and total cumulative return in cash reaches $314,564. For financing, Ziffy Mortgage’s DSCR program evaluates $7,490/mo property income against a $7,215/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
1.11 Acres lot
$N/A/sqft
$265 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77406, Richmond, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
23,639
Single Family
21,386
Multi-Family
2,253
Businesses
1,062
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Listed by: Maria Ruedas • Martha Turner Sotheby's International Realty
Mls Name: HAR
Mls Provider:
Mls ID: #96013558
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