3241W Plan, Candela 50', Richmond, TX, 77406 | 8.5% Rental Yield

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3241W Plan, Candela 50', Richmond, TX, 77406 | 8.5% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Richmond at 3241W Plan, Candela 50', Richmond, TX, 77406 offers a 8.5% rental yield on a $558,900 purchase with $3,960/mo rent. 96% in year one. Equity gained on principal adds $3,606/yr while 5% annual appreciation supports $154,414 over five years. Portfolio math shows five-year ROI at 104.34% and total cumulative return in cash at $191,864. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,960/mo property income against a $2,736/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Two-story entry with 19-foot ceilings. Home office with French doors just off the entry. Two-story family room with 19-foot ceilings features a grand wall of windows. Island kitchen with built-in seating space and a walk-in pantry and flows into the dining area. Secluded primary suite with a wall of windows. Primary bathroom features French doors, dual vanities, garden tub, separate glass enclosed shower, linen closet and generous walk-in closet. An additional bedroom downstairs with walk-in closet. Second level hosts a large game room, secondary bedrooms with walk-in closets and a Hollywood bathroom. Utility room offers a private access to the primary suite. Covered backyard patio. Mud room just off the three-car garage. Representative Images. Features and specifications may vary by community.

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