21342 Prairie Plains 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
Total monthly income runs $6,143/mo, and a $4,723/mo payment. Purchase price stands at $965,000, and rental yield measures 7.64% with $6,143/mo rent. Return on cash invested shows 17.06% in year one, and 5% annual appreciation builds toward $266,612 over five years. Five-year ROI reaches 88.84% and total cumulative return in cash records $282,055. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,143/mo property income covering a $4,723/mo payment rather than investor’s personal income.
Single Family
Built in 2017
0.40 Acres lot
$N/A/sqft
$900 annually HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-08-02 | Price change | $965,000 |
| 2025-06-07 | Listed for sale | $949,990 |
| 2025-05-24 | Pending sale | $949,990 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-02 | $4944.26 | 10.00% | $777,482 | 6.01% |
| 2023-08-02 | $4494.95 | -3.86% | $733,436 | 8.43% |
| 2022-08-02 | $4675.58 | 8.12% | $676,390 | 21.11% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2017
- Architectural Style: Contemporary
- Building Area: 5,333
- Living Area: 5,333 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Natural Gas
- Cooling: Ceiling Fan(s), Electric
- Flooring: Carpet, Tile
- Interior Features: Balcony, Crown Molding, Dry Bar, Formal Entry/Foyer, High Ceilings, 2 Bedrooms Down, En-Suite Bath, Primary Bed - 1st Floor, Walk-In Closet(s)
- Exterior Features: Outdoor Kitchen, Sprinkler System
- Parking Features: Attached, Oversized, Garage Door Opener
Location
HOA & Fees
- HOA Fee: $900 annually
- Association Fee: $900 annually
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: Water District
- Road Surface Type: N/A
School Information
- Elementary School: Adolphus Elementary School
- Middle School: Briscoe Junior High School
- High School: Foster High School
Listed by: Amy Bielke • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #70668809
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