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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% |
Rental property for sale in Richmond at 3215 Home Ct, Richmond, TX, 77406 generates $3,960/mo in rent and, after a $2,075/mo payment, leaves $945/mo in cash flow. Total monthly income is $3,960/mo, and annual cash flow is $11,342/yr on $140,556 invested. Return on cash invested sits at 27.98% in year one, and rental yield is 11.21% on a $424,000 entry. Equity gained on principal adds $2,736/yr, while 5% annual appreciation builds toward $117,143 over five years. Five-year ROI reaches 147.35% and total cumulative return in cash sums $207,111. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,960/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
3,301 sqft 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: Judith Hayes • EHT of Texas, LP
Mls Name: HAR
Mls ID: #92502396
