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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 209 Caleta Cir, Richmond, TX, 77406 at $650,000 posts ROI 21.46% with $249/mo cash flow from $4,871/mo rent. Total monthly income equals $4,871/mo, and annual cash flow records $2,990/yr on $213,850 to close. Return on cash invested measures 21.46% and rental yield reads 8.99% at the current $650,000. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,583 by year five. Five-year ROI prints 112.35% and total cumulative return in cash totals $240,266.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,871/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
2.66 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jarad Mollon • Realm Real Estate Professionals - Katy
Mls Name: HAR
Mls ID: #47909192
