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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 2618 Forest Vw, Richmond, TX, 77406 projects strong ROI of 1.4%. Rental yield 2.42%. With 5% annual appreciation, the property builds $1,036,056 in value over five years. Equity growth combined delivers a projected five-year ROI of 4.74%, translating into $57,532 in total cumulative return on $1,215,000 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2007
1.94 Acres lot
$N/A/sqft
$1,169 annually HOA
Neighborhood data shown for ZIP Code: 77406, Richmond, TX area.
| 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 |
Residential
23,639
Single Family
21,386
Multi-Family
2,253
Businesses
1,062
Date | Event | Price |
|---|---|---|
| 2025-05-30 | Listed for sale | $3,750,000 |
| 2020-10-16 | Sold | N/A |
| 2020-09-10 | Pending sale | $2,700,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-30 | $2883.83 | 18.55% | $232,318 | 51.67% |
| 2023-05-30 | $2432.60 | -6.21% | $153,177 | -0.00% |
| 2022-05-30 | $2593.65 | -0.09% | $153,180 | N/A |
Listed by: Amber Riley • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #39260701
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