2123 Fresh Flower WayRichmondTX77406
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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 2123 Fresh Flower Way, Richmond, TX, 77406 listed at $420,523 pairs $2,640/mo rent with a $2,058/mo payment. Total monthly income runs $2,640/mo. Return on cash invested measures 16.03% in year one, and rental yield registers 7.53% at a $420,523 basis. Equity gained on principal adds $2,714/yr, and annual property appreciation at 5% supports $116,183 by year five. Five-year ROI tracks 83.57% and total cumulative return in cash totals $116,499. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,640/mo property income relative to a $2,058/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
5,000 sqft lot
$N/A/sqft
$1,210 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: Ben Caballero • Highland Homes Realty
Mls Name: HAR
Mls Provider:
Mls ID: #88393952
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