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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 29711 Egret View Ln, Richmond, TX, 77406 listed at $1,095,000 pairs $3,960/mo rent with a $5,359/mo payment. Total monthly income runs $3,960/mo. Return on cash invested measures 7.43% in year one, and rental yield registers 4.34% at a $1,095,000 basis. Equity gained on principal adds $7,066/yr, and annual property appreciation at 5% supports $302,528 by year five. Five-year ROI tracks 37.05% and total cumulative return in cash totals $131,458. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,960/mo property income relative to a $5,359/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
0.51 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jimmy Franklin • eXp Realty LLC
Mls Name: HAR
Mls ID: #42027857
