22250 Wave Hill LnRichmondTX77469
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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 22250 Wave Hill Ln, Richmond, TX, 77469 earns $490/mo cash flow from $3,043/mo rent with a $1,757/mo payment. Total monthly income totals $3,043/mo, and annual cash flow totals $5,883/yr on $119,009 capital. ROI tracks 24.85% on current figures, and rental yield reads 10.17% at a $359,000 purchase. Equity gained on principal adds $2,317/yr, and 5% annual appreciation supports $99,185 over five years. Five-year ROI reaches 130.6% and total cumulative return in cash sums $155,419. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,043/mo property income instead of your personal income.
Single Family
Built in 2019
6,163 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77469, Richmond, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
25,396
Single Family
22,843
Multi-Family
2,553
Businesses
817
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