23618 Starbridge Lake LnRichmondTX77407
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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 23618 Starbridge Lake Ln, Richmond, TX, 77407 offers a 10.8% rental yield on a $315,900 purchase with $2,842/mo rent. Total monthly income registers $2,842/mo, and a $1,546/mo payment leaves $478/mo available for distribution. Annual cash flow reaches $5,736/yr on $104,721 to close, and return on cash invested stands at 25.39% in year one. Equity gained on principal adds $2,038/yr while 5% annual appreciation supports $87,277 over five years. Portfolio math shows five-year ROI at 133.94% and total cumulative return in cash at $140,268. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,842/mo property income against a $1,546/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
6,555 sqft lot
$N/A/sqft
$942 annually HOA
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Listed by: Patrick Ashiofu • REALM Real Estate Professionals - Sugar Land
Mls Name: HAR
Mls Provider:
Mls ID: #57729496
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