2607 Page Mandarin PlRichmondTX77406
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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 2607 Page Mandarin Pl, Richmond, TX, 77406 earns from $3,960/mo rent with a $4,723/mo payment. Total monthly income totals $3,960/mo. ROI tracks 8.71% on current figures, and rental yield reads 4.92% at a $965,000 purchase. Equity gained on principal adds $6,227/yr, and 5% annual appreciation supports $266,612 over five years. Five-year ROI reaches 44.12% and total cumulative return in cash sums $140,083. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,960/mo property income instead of your personal income.
Single Family
Built in 2023
9,814 sqft lot
$N/A/sqft
$1,210 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 |
|---|---|---|
| 2025-02-06 | Price change | $965,000 |
| 2025-01-17 | Price change | $1,050,000 |
| 2024-10-10 | Listed for sale | $1,100,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2023
- Architectural Style: Traditional
- Building Area: 4,180
- Living Area: 4,180 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Natural Gas
- Cooling: Electric
- Flooring: Tile
- Interior Features: High Ceilings, Primary Bed - 1st Floor, Walk-In Closet(s)
- Exterior Features: Sprinkler System
- Parking Features: Attached
Location
HOA & Fees
- HOA Fee: $1,210 annually
- Association Fee: $1,210 annually
- Fees & Dues: N/A
- Association Amenities: Dog Park, Fitness Center, Tennis Court(s)
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: Concrete
School Information
- Elementary School: Neill Elementary School
- Middle School: Bowie Middle School (Fort Bend)
- High School: Travis High School (Fort Bend)
Listed by: Irfan Kadiwal • United Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #94671835
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