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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 2222 Par Ln, Richmond, TX, 77469 at $235,000 posts ROI 36.17% with $1,056/mo cash flow from $2,808/mo rent. Total monthly income equals $2,808/mo, and annual cash flow records $12,671/yr on $77,903 to close. Return on cash invested measures 36.17% and rental yield reads 14.34% at the current $235,000. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 by year five. Five-year ROI prints 191.71% and total cumulative return in cash totals $149,344.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,808/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1975
3,488 sqft lot
$N/A/sqft
$300 annually HOA
Neighborhood data shown for ZIP Code: 77469, Richmond, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,583 (100%) |
| Owner Occupied HU | 20,528 (71.8%) |
| Renter Occupied HU | 5,709 (20.0%) |
| Vacant Housing Units | 2,346 ( 8.2%) |
| Median Home Value | $366,886 |
| Average Home Value | $418,861 |
Residential
25,396
Single Family
22,843
Multi-Family
2,553
Businesses
817
Date | Event | Price |
|---|---|---|
| 2024-12-08 | Price change | $235,000 |
| 2024-07-06 | Listed for sale | $250,000 |
| 2024-04-27 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $240,790 | -10.23% |
| 2023-12-27 | $4574.89 | -20.27% | $268,224 | 10.00% |
| 2022-12-27 | $5738.04 | 37.54% | $243,840 | 38.81% |
Listed by: Judy Hollie • RE/MAX Signature
Mls Name: HAR
Mls Provider:
Mls ID: #66467344
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
