19701 Lark Orchard WayRichmondTX77407
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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
Investment property for sale in Richmond at 19701 Lark Orchard Way, Richmond, TX, 77407 offers a 8.67% rental yield on a $429,500 purchase with $3,102/mo rent. Total monthly income registers $3,102/mo, and a $2,102/mo payment leaves $48/mo available for distribution. Annual cash flow reaches $575/yr on $142,379 to close, and return on cash invested stands at 20.31% in year one. Equity gained on principal adds $2,772/yr while 5% annual appreciation supports $118,663 over five years. Portfolio math shows five-year ROI at 106.21% and total cumulative return in cash at $151,226. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,102/mo property income against a $2,102/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.27 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices